Water Tower Research (WTR) Board of Managers Changes

April 30, 2024, St. Petersburg, FL—Water Tower Research LLC (www.watertowerresearch.com), a private firm providing research content and research-driven investor relations services announces the election of John MacCarthy and recognizes the retirement of Dana Hayes, Jr. from the company’s Board of Managers.  

Dan Bukowski, Water Tower Board Chair, commented on the changes.

“We appreciate Dana for his contributions through the last few years.  His involvement with Water Tower has been instrumental in our transformation from a less recognized startup in the industry to the leading research and investor relations firm we are today. Given our position as an innovator in investor research and communications, we are incredibly pleased that John MacCarthy, a recognized leader in capital markets, investment management and other growth areas, has joined our Board of Managers. John’s experience as a senior advisor to public and private companies will be instrumental to Water Tower Research during plans for continued growth,” Bukowski said.

In addition to this new appointment on the Board of Water Tower Research, MacCarthy also serves on the Boards of the Nuveen Global Cities Real Estate Investment Trust, The Idaho Chapter of the Nature Conservancy and Metropolitan Family Services in Chicago.  He previously served on the Boards of Healthwell Acquisition Corp. I (NASDAQ: HWEL), Nuveen Global Investors UCITS Fund Complex, certain Nuveen alternative investment advisors, The Renaissance Society at the University of Chicago, and the Illinois Chapter of the Nature Conservancy. He previously chaired the Boards of Nuveen Global Investors and Metropolitan Family Services.

An executive at Nuveen (NYSE: JNC) for 14 years, a TIAA financial services company with over $1 trillion of assets under management, MacCarthy was General Counsel from 2006 until 2014 and part of the team that took Nureen private in 2007 and sold Nuveen to TIAA in 2014. After TIAA’s acquisition of Nuveen, he served as the Chief Operating Officer of a group of Nuveen alternative investment advisors as well as Chief Legal Officer responsible for Legal, Compliance and Regulatory Affairs. Prior to Nuveen, he was a partner at the global law firm Winston & Strawn where he led the firm’s Corporate Department.

MacCarthy received his law degree from Stanford Law School in 1985 and his undergraduate degree from Williams College in 1982. 

“I am very pleased to join the Water Tower Research Board and look forward to supporting the firm’s transformation as the team supports micro and small-cap public companies,” MacCarthy said.

WTR Co-Founder and CEO Shawn Severson believes the addition of MacCarthy to the Board will help the firm expand its services in investor research and engagement.

“With John’s strong background in investment management, we can continue to help companies and investors have the tools they need to achieve their goals as public companies,” Severson said. “Our seven-member board of managers is heavily credentialed and operates in an analogous manner to a public -traded company Board. Our Board members provide management with invaluable ongoing strategic counsel.”

About Water Tower Research 

Water Tower Research is modernizing Investor Relations through research-driven communications and Investor Engagement. Sound investment research begins with useful information. At WTR, we help companies and investors connect by creating expert information flow and strategies that are the foundation of a successful modern investor relations platform. Our analysts and capital markets professionals bring decades of unrivaled Wall Street experience and insight to a new digital world of investor communications and engagement. Our research and investor content are distributed across traditional research aggregators like Bloomberg, FactSet, etc., proprietary direct distribution lists, social media, search engines, and our website. As a result, every institutional and retail investor has equal access to our high-quality company research. Our mission is to help companies take control of their IR program and proactively reach investors while bringing investors a consistent flow of quality information to help them understand our clients’ businesses, industries, and the investment opportunities they present.

Contact Information:
Name: Water Tower Research LLC
Email: research@watertowerresearch.com
Job Title: WTR Investor Engagement

Tags: board of managers, capital markets, Communications, investor engagement, Investor Relations, strategic counsel