Patrick J. Donegan Joins the Board of Beneficient Company

In a strategic move aimed at strengthening its corporate governance, Beneficient has officially announced the appointment of Patrick J. Donegan as an independent director to its Board of Directors. This appointment will take effect as of September 30, 2024, marking a significant milestone for the company which is publicly traded under the ticker BENF.

An Experienced Finance Executive

The addition of Donegan to the board is expected to provide Beneficient with a wealth of experience in financial services. With Donegan's extensive background in the industry, he is well-positioned to contribute to the strategic planning and governance of the company, which is geared towards providing liquidity solutions in the alternative asset space.

Beneficient's Market Position

Headquartered in Dallas, Texas, Beneficient is a technology-enabled financial service company offering unique liquidity solutions. Its services cater to the needs of participants in the complex landscape of alternative assets. Beneficient's commitment to innovation and client service is expected to be further augmented by the insights and direction provided by Donegan.

With the appointment of Donegan, BENF anticipates leveraging his expertise to navigate the evolving market conditions and reinforce its standing as a pivotal player in the financial service sector catering to alternative investments. This move also reflects BENF's dedication to maintaining a rigorous and objective board structure to uphold the highest standards of corporate governance.

Appointment, Director, Governance