GWG Holdings, Inc. Announces Resignations of Murray T. Holland as President and Chief Executive Officer and Timothy L. Evans as Chief Financial Officer and Treasurer

DALLAS, Nov. 14, 2022 (GLOBE NEWSWIRE) — GWG Holdings, Inc. (Nasdaq: GWGH) (the “Company”), a financial services firm based in Dallas, Texas, today announced that the Company’s President and Chief Executive Officer, Murray T. Holland, and the Company’s Chief Financial Officer and Treasurer, Timothy L. Evans, have both resigned as executive officers of the Company.

These sudden resignations come as a surprise to many in the financial industry, as both Holland and Evans have been with GWG Holdings for several years and played key roles in the company’s growth and success. As the search for their replacements begins, the future of GWG Holdings remains uncertain.

Impact on Individuals

For investors and employees of GWG Holdings, the resignations of Holland and Evans raise questions about the company’s stability and future direction. Many will be closely watching to see who the new executives will be and what changes they may bring to the organization.

Impact on the World

GWG Holdings is a significant player in the financial services industry, and the resignations of Holland and Evans could have ripple effects across the market. Investors and competitors alike may adjust their strategies in response to these changes, leading to potential shifts in the industry as a whole.

Conclusion

The resignations of Murray T. Holland and Timothy L. Evans from GWG Holdings, Inc. mark a significant moment for the company and the financial services industry. As new leadership steps in, the future of GWG Holdings will be shaped by the decisions and vision of these individuals. It will be important for stakeholders to closely monitor developments in the coming months to understand the direction in which the company is heading.