Hennessy Advisors, Inc. Announces Executive Changes
January 26, 2018 at 09:00 am
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Hennessy Advisors, Inc. announce the promotion of Teresa M. Nilsen to President. Ms. Nilsen has served as an Executive Vice President, Chief Financial Officer, Secretary, and Director of the Company since 1989. Alongside founder Neil J. Hennessy, she has helped to build Hennessy from its inception. In addition to her new role as President, Ms. Nilsen will continue to serve as Hennessy Advisors' Chief Operating Officer and Secretary. Mr. Hennessy will remain the Company's Chairman of the Board and Chief Executive Officer, leading the business strategy, strategic affairs, and corporate policy for the firm. In connection with Ms. Nilsen's promotion to President, Kathryn R. Fahy has been promoted to serve as the Company's Chief Financial Officer with a Senior Vice President title. Ms. Fahy has been employed by the Company since 2006, most recently serving as its Director of Finance and Controller. Before joining the Company, Ms. Fahy worked as a public accountant for Deloitte & Touche LLP and as a Senior Internal Auditor for Knight Ridder, Inc. The Company also appointed Brian Carlson as the Company's Chief Compliance Officer with a Senior Vice President title. Mr. Carlson will continue to serve as the Company's Head of Distribution, a position he has held since 2013.
Hennessy Advisors, Inc. is an investment management company. The Company provides investment advisory services to 16 open-end mutual funds and one exchange-traded fund (ETF) branded as the Hennessy Funds. The Company serves as the investment advisor to all classes of the Hennessy Cornerstone Growth Fund, the Hennessy Focus Fund, the Hennessy Cornerstone Mid Cap 30 Fund, the Hennessy Cornerstone Large Growth Fund, the Hennessy Cornerstone Value Fund, the Hennessy Total Return Fund, the Hennessy Equity and Income Fund, the Hennessy Balanced Fund, the Hennessy Energy Transition Fund, the Hennessy Midstream Fund, the Hennessy Gas Utility Fund, the Hennessy Japan Fund, the Hennessy Japan Small Cap Fund, the Hennessy Large Cap Financial Fund, the Hennessy Small Cap Financial Fund, and the Hennessy Technology Fund (collectively, the Hennessy Mutual Funds), as well as to the Hennessy Stance ESG ETF. The Company also provides shareholder services to investors in the Hennessy Mutual Funds.
HENNESSY ADVISORS, INC. 
