Truxton (OTCMKTS:TRUX) Stock In Focus After Recent News

The appointment of new executives to key positions is almost always a matter of interest for investors and hence, it is likely that the Truxton (OTCMKTS:TRUX) stock is going to be on the radars of investors this morning.

Truxton Trust Names Andrew Ritter as Managing Director and Announces New Senior Management Roles

The company announced yesterday that it had promoted Andrew J Ritter and made him the managing director of private banking at Truxton. It was a major new appointment for the company and one that could have significant ramifications for its future. In this situation, it could be a good idea for investors to consider taking a look at Ritter’s credentials as a banker.

Ritter had joined Truxton back in 2012 and is currently among the longest-serving bankers in the company. At this point in time, Ritter primarily works with commercial real estate investors and business owners.

The Vice President of the company Andy May spoke about Ritter as well. He noted that Ritter was not only an exceptionally talented banker but had also emerged as the banker who was the trusted advisor to some of the biggest clients of Truxton. It is now going to be interesting to see how the Truxton stock reacts to the news.