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September 18, 2013

Guggenheim Securities Hires Veteran Analyst Michael Morris to Lead Its Media Research Effort

NEW YORK – Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners, today announced the hiring of veteran media analyst Michael Morris as a Managing Director. Mr. Morris will join Guggenheim’s equity research team with chief responsibility for coverage of the media sector.

“We are excited to welcome Michael to the team and looking forward to integrating his vast experience and expertise in media with our growing platform,” said Dante Ferrarie, Senior Managing Director of Guggenheim Securities. “Michael is highly regarded in the investment and corporate communities. We look forward to his contributions to our media franchise and our broader effort.”

“I am pleased to be joining Guggenheim’s pre-eminent media franchise. The firm’s leadership in the sector is widely known and I am looking forward to contributing to its continued success,” said Mr. Morris. “The depth and breadth of the practice’s relationships will be on display for Guggenheim’s clients at our 2013 TMT Symposium in New York on November 14.”

Mr. Morris joins Guggenheim from Davenport and Company, where he was Head of Institutional Equities, Director of Research, and Senior Media and Entertainment Analyst. Prior to joining Davenport in 2010, Mr. Morris was a Director and Senior Equity Research Analyst covering the media industry at UBS in New York City. In 2012, Mr. Morris was recognized as the #3 Media Industry Stock Picker by Thompson/Reuters StarMine, and was named “Best Up and Comer” covering Entertainment by Institutional Investor magazine on its 2008 and 2009 All-America Research Teams.

Mr. Morris earned his BBA from the College of William and Mary and MBA from the Stern School of Business at New York University.

About Guggenheim Partners

Guggenheim Partners, LLC is a privately held global financial services firm with more than $180 billion in assets under management. The firm provides asset management, investment banking and capital markets services, insurance services, institutional finance and investment advisory solutions to institutions, governments and agencies, corporations, investment advisors, family offices and individuals. Guggenheim Partners is headquartered in New York and Chicago and serves clients around the world from more than 25 offices in eight countries. For more information about Guggenheim Partners, visit www.guggenheimpartners.com.

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Sitrick And Company

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