DALLAS - Stephens Inc. promoted Dennis Hunt to head its public finance team upon the retirement of Mark McBryde after 40 years with the Little Rock, Ark. firm.
Hunt has been head of Stephens' Northwest Arkansas office since 1993.
McBryde and Hunt have worked together closely for more than two years in planning for the transition, according to senior vice president Curtis Jeffries. McBryde will continue to serve as an adviser to Stephens.
"I am pleased to be following in the footsteps of Mark McBryde, who has been a true mentor to me and a tremendous asset to the firm," Hunt said. "He's been a true, true friend."
Stephens chairman and chief executive Warren Stephens noted that public finance is one of the oldest divisions at the firm, dating back 80 years.
"We are fortunate that we were able to promote from within our own ranks," Stephens said. "Mark has managed the division for the last 20 years, growing our presence across the Southeast. Dennis has led a successful effort for us for several years in Northwest Arkansas."
Hunt has served as senior banker to issuers throughout Arkansas.
Over the last few years, he has structured more than $2 billion in tax-exempt and taxable bond issues. He holds a master's degree with honors from the University of Arkansas at Fayetteville and has completed post-graduate training at Harvard University, the University of Texas and the University of Virginia.
Hunt said his goal as executive vice president and manager of public finance is "to continue to work as a team to expand our market presence in the South and the Southeast by continuing to serve as a trusted advisor to our public finance clients."