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Ziegler has appointed Tom Paprocki as chief executive officer following the retirement of John Mulherin.

Paprocki (pictured), a member of Ziegler's board of directors, has served in a senior executive role of the firm for a decade, the past five years as president.

He has had responsibility for the firm's investment banking, capital markets, and wealth management business lines.

Paprocki says: "I am honoured to lead Ziegler as we greet a new decade; John leaves an important legacy - turning around a great firm serving great clients."

Geoffrey B. Shields, Ziegler's board chairman, says: "John Mulherin has been instrumental in Ziegler's growth since the early 2000s and, together with Tom Paprocki, its resilience during the credit crisis in the late 2000s. For these efforts, we are grateful."

The Ziegler Companies is a growth-oriented boutique investment banking and investment services firm with a primary focus in the healthcare, senior living and church and school sectors.

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