Syracuse, NY – To support its continued growth, Pinnacle Holding Company has named Eric Krouse its Chief Operating Officer (COO). The company is the parent of several diversified financial enterprises, including Pinnacle Investments, its broker-dealer unit, where Krouse previously served as Chief Executive Officer (CEO). “It’s been my honor to have guided Pinnacle Investments during these last few years of rapid growth as we developed the infrastructure needed to support Pinnacle as it expands from a regional firm to a national competitor,” said Krouse. “I feel the company is now at a point where I can confidently hand the reins over to a new CEO and that individual will be able to hit the ground running” added Krause.
As Chief Operating Officer of the parent company, Krouse plans to ensure that infrastructure is leveraged across all companies. “Eric has helped us evolve from a small entrepreneurial firm with one office into a multi-faceted enterprise” stated Gregg Kidd, founder, and Chairman. “He has the ability to drill down to a level of detail that most people can’t, which has allowed me and the other members of our management team to focus on what we do best” added Kidd.
In addition to being named COO, Krouse will continue to serve as Chief Financial Officer and a board member. He is celebrating his 10-year anniversary with the firm, as Pinnacle celebrates its 20-year anniversary.