Janney Capital Markets said that Brandon Eck and James McNaughton were made managing directors of its investment banking group, while Brian Van der Waag and Andrew Kurz were named vice presidents. Eck and Kurz are both part of Janney’s technology and media group, while McNaughton works in the financial sponsor group and Van der Waag contributes to the infrastructure group.
The Riverside Company, a global private equity firm based in Cleveland, has promoted nine professionals to partner, principal, or director, including Joe Lee, who joined Riverside in 2006 and has just been promoted to partner, and Jack Nestor, who joined the firm in 2005 and has also been promoted to partner.
Safeguard Scientifics, the Wayne, Pa.-based investment company that focuses on growth-stage health care and tech companies, has promoted Jeffrey McGroaty to senior vice president and CFO. McGroaty joined the company in 2005 as a vice president and corporate controller. He succeeds Stephen Zarrilli, who was named president and CEO of Safeguard last November.