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Monday, October 19, 2020
Banking Newsmakers: Chris Pate now managing director of True North Fort Worth

Newsmakers: Chris Pate now managing director of True North Fort Worth

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BANKING & FINANCE

Dallas-based True North Advisors has completed a strategic partnership with Fort Worth company Western Research & Management. The integrated entity will be known as True North Advisors and will maintain offices in Dallas and Fort Worth.

Chris Pate, long-time managing director of Western Research & Management, will now be managing director of True North Fort Worth.

Since 1998, Western Research & Management has been the investment management arm of Western Commerce Group, a Fort Worth-based firm with expertise in corporate finance, mergers and acquisitions, and merchant banking throughout various industry sectors.

True North has also formed a strategic alliance with Western Commerce Group. Western’s expertise in mergers and acquisitions and corporate finance will provide direct deal-sourcing capability for True North clients, bypassing outside funds to provide a more compelling return profile on those investments.

CONSTRUCTION & ENGINEERING

W. G. Yates & Sons Construction Co. has added Scott Pitt as its new division manager. Pitt has almost 20 years’ experience in commercial construction management of hospitality, municipal, multi-family, condominium, senior living, Class A office and higher education, among other areas. He graduated from Murray State University in Murray, Kentucky, in 2001 with a bachelor’s degree in civil engineering technology with an emphasis on construction.

Freese and Nichols Inc. has added JaNette Bridgewater as the firm’s new human resources director.

ORGANIZATIONS

The Arlington Black Chamber of Commerce has named Nita Haliburton as executive board chairwoman. She fills the position left vacant by the sudden death of Zeb Strong Jr. Haliburton has had a 21-year career at Tarrant County College.

RETAIL

Grapevine-based video game retailer GameStop Corp. has named George Sherman as CEO and a member of the board, effective April 15. Sherman succeeds Shane Kim, who has been interim CEO since May 2018 and a director since July 2011. Most recently, Sherman was CEO of Victra, the largest exclusive authorized retailer for Verizon Wireless products and services.

TRANSPORTATION

The downtown Fort Worth station that is the central hub of transportation for Trinity Metro buses and rail will now be known as Fort Worth Central Station. The Trinity Metro board of directors approved the name March 25. Long known as the Intermodal Transportation Center – and most often called ITC for simplicity – the downtown station is a stop along the TEXRail and Trinity Railway Express routes and is a destination and transfer point for multiple Trinity Metro buses. Located at 1001 Jones St., the station is also home to Amtrak, Enterprise and Greyhound.

Send newsmakers to Robert Francis at rfrancis@bizpress.net.

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