Hamister Group Names New Chief Financial Officer and Executive Vice President

February 13, 2020

Hamister Group Names New Chief Financial Officer

HAMISTER GROUP, LLC HIRES ALEX GRESS AS NEXT CHIEF FINANCIAL OFFICER AND EXECUTIVE VICE PRESIDENT Gress joins Hamister Group after serving two years as the 43North Executive Director. BUFFALO, NY, January 24, 2020 – Hamister Group, LLC is pleased to announce that Alex Gress will join the company as the new Chief Financial Officer and Executive Vice President. He will be responsible for all financial, IT and capital markets initiatives. Gress will replace current CFO and Executive Vice President, Earl McCartney who is stepping down as CFO after 13 years with the company. McCartney will assist in this transition by continuing his duties as Executive Vice President and consult on a number of ongoing special projects until he retires on November 1, 2020. Mr. Gress joins the company after serving two years as the Executive Director at state-funded business competition and startup incubator, 43North.He previously served in executive roles at First Niagara Bank and Key Bank, prior to his time at 43North.

"We’re extremely excited that Alex is joining the Hamister team," Executive Vice President and Chief Investment Officer, Daniel Hamister said. "We believe that Alex will be able to take us to the next level as we expand our portfolio in the next chapter of the company’s growth. He will be a critical component in our success given his responsibilities and expertise." "The Executive Leadership team at Hamister Group gained a valuable member and resource in Alex Gress," said Chairman and CEO, Mark Hamister. "We thank Earl for his service and dedication to the company. He has been an instrumental part of our executive team and we wish him all the best as he enters retirement. We know that Alex is up to the challenge of taking on the role of CFO."

Gress is a CPA who earned his BS from Fordham University in 1995 and holds a Series 7 and Series 63 Securities license. Alex is involved in a number of local organizations including the Buffalo History Museum and Canisius High School Board of Trustees. Starting in 2013, Alex served as Senior Vice President and Treasurer of First Niagara Financial Group before taking on the role of Executive Vice President, Director and Chief Market Risk Officer for Key Bank. His extensive experience includes five years serving as President of JEN Advisory, Principal of the Lehman Brothers London, UK office, and other roles at various other banks and financial institutions.

Alex Gress joins Hamister Group, LLC in an effort to continue the growth of the portfolio of businesses. He will be responsible for the oversight of all financial initiatives, as well as fund raising for the company.

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Hamister Group, LLC is a recognized leader in healthcare and hotel management, with over 42 years of history and an exceptional record of business success. We focus on providing exceptional service for our customers and have earned a sterling reputation for delivering superior management results. www.hamistergroup.com

Hamister Group Names New Chief Financial Officer

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