OpenAI Executive Shake-Up Ahead of Anticipated 2026 IPO 
SoftwareONE Posts 22.5% Revenue Surge in 2025 on Crayon Acquisition 
Norma Group Posts Revenue Decline in 2025, Eyes Modest Recovery in 2026 
SpaceX Eyes Historic IPO at $1.75 Trillion Valuation 
RBC Capital: European Medtech Firms Show Minimal Middle East and Energy Risk Exposure 
Nike Beats Q3 Estimates but China Weakness and Margin Pressure Weigh on Outlook 
Britain Courts Anthropic Amid US Defense Department Dispute 
Tesla Q1 2026 Deliveries Miss Estimates as AI Strategy Takes Center Stage 
Annie Altman Amends Sexual Abuse Lawsuit Against OpenAI CEO Sam Altman 
Europe's Aviation Sector on Track to Meet 2025 Green Fuel Mandate 
UPS and Teamsters Reach Agreement to Limit Driver Severance Program 
Jefferies Upgrades Sodexo to Buy With €55 Target After Historic CEO Appointment 
Elon Musk Ties SpaceX IPO Access to Mandatory Grok AI Subscriptions 
Eli Lilly and Insilico Medicine Forge $2.75 Billion AI-Driven Drug Discovery Deal 
Paramount Skydance Secures $24B from Gulf Sovereign Wealth Funds for Warner Bros. Discovery Takeover 
Fonterra Admits Anchor Butter "Grass-Fed" Label Misled Consumers After Greenpeace Lawsuit 
Apple Turns 50: From Garage Startup to AI Crossroads 
NEW YORK, July 10, 2017 -- Stonybrook Capital announces the formation of a formal Board of Directors. The Board includes two independent directors, John DiGregoria, and Ian Winchester, and three internal directors, Dwight Evans, Ravi Arps, and Joe Scheerer. Each member offers complementary perspectives, including operations, corporate finance, reinsurance, and capital strategy.
External director, DiGregoria, is Chief Operating Officer, Chief Financial Officer, and Board member of HOLBORN Corporation, which is an equity owner of Stonybrook Capital. Winchester, also an equity owner, is an accomplished insurance sector entrepreneur, and former board member of Endurance Specialty Holdings, Ltd., Montpelier Reinsurance, Ltd., and several Lloyd’s syndicates.
Evans is the founder, former chairman and CEO of global reinsurer, Arch Capital Group, Ltd., and former CEO of White Mountains Re. He is Senior Managing Director and now board member of Stonybrook Capital. Arps and Scheerer are both founding members of the Firm, and serve as senior investment bankers for the Company.
“The Stonybrook Capital relationship broadens Holborn’s value proposition for our clients and prospects. We trust Stonybrook Capital to bring insights and solutions to the senior management and boards of our valued clients,” said John DiGregoria.
“We successfully built Stonybrook Capital over the past few years, based on relentless client service and thoughtful strategies. The formation of a Board sends a message to the industry that we are here to stay,” said Dwight Evans. “It further demonstrates the growth of the Firm and natural evolution forward, in building an appropriate corporate governance structure, to better serve its targeted client base in the insurance and reinsurance industry,” said Winchester.
Stonybrook is a merchant and investment-banking firm located in New York City that focuses exclusively on the insurance and reinsurance industry. Securities transactions are executed through Weild & Co., member FINRA | SIPC. For more information, visit our website: www.stonybrookcapital.com
Corporate Contact: Joseph M. Scheerer [email protected]
