Chairman and CEO, First Southwest Company
Hill A. Feinberg is the chairman and CEO of First Southwest Co., based in Dallas. First Southwest is a privately held investment banking firm that established its prominence in the public finance arena, most notably for its work in the 1970s developing the financial plan that made the Alaska pipeline a reality.
More recently they have financed sports arenas, airports, toll roads and secondary schools. Under Feinberg’s leadership since 1991, First Southwest has continued to expand its investment banking expertise to include debt, equity and clearing services. It has become the second largest financial advisor to municipal governments in the country.
A native of Columbus, Ga., Feinberg received his bachelor’s degree in finance from UGA in 1969. He was a chancellor for Tau Epsilon Phi fraternity and earned a scholarship for being named an outstanding student chancellor. After graduation, he joined the U.S. Army Corps of Engineers, serving as first lieutenant in Vietnam from 1970 to 1971.
Before joining First Southwest, Feinberg was a senior managing director at Bear Stearns & Co. and a vice president and manager of Salomon Brothers in the Dallas office.
Feinberg is a past chairman of the Municipal Securities Rulemaking Board, the self-regulatory organization with responsibility for setting the rules that govern the municipal securities activities of registered brokers. As chairman, he led a review of the use of derivatives in the municipal market, encouraged timelier disclosure policies related to municipal securities and initiated a review of Rule G-37 involving restrictions for dealers on contributions to political candidates.
His business affiliations include serving as a member of the boards of Compass Bancshares, Energy XXI Ltd., and the Greater Dallas Chamber. His civic and charitable service includes chairing the board of directors of the Phoenix Houses of Texas and the MBM Foundation, which is the governing board of the partnership between Menninger Clinic and the Baylor College of Medicine. He also is a board member of the Cardiopulmonary Research Science and Technology Institute, St. Mark’s School of Texas and he serves on the board of visitors of the UT Southwestern Health System.
Feinberg and his wife Renée have two sons, Steven and Max.