Amerex Energy Services Continues To Grow; Hires Three New Senior Energy Consultants

HOUSTON, Aug. 27, 2014 /PRNewswire/ -- Amerex Energy Services, a division of Amerex Brokers LLC, a wholly-owned subsidiary of GFI Group Inc., continues to grow and has hired three new energy consultants. Beth Miletello, Chester Karchefsky and Dan Smith have been appointed Senior Energy Consultants, and will be based in Dallas, Texas, Cleveland, Ohio and Philadelphia, Pennsylvania, respectively. All will report to Jeff Shoaf, Senior Vice President of Amerex Energy Services.

Mrs. Miletello joins Amerex Energy Services with 10 years of deregulated energy industry experience, previously working with an energy consulting firm, Gexa Energy, a NextEra Company, and Reliant Energy, an NRG Company.  Mrs. Miletello attended Louisiana Tech University, has served on the Tarrant County Chamber of Commerce Board, and will focus on expanding Amerex's footprint in the Dallas-Fort Worth metro area.

Mr. Karchefsky joins Amerex with 20 years experience in the Ohio utility industry, beginning with First Energy Solutions.  He subsequently held regional sales and sales management roles with a national energy supplier and an energy procurement consulting firm.  Mr. Karchefsky graduated from The Ohio State University and will focus on growing Amerex's presence and activities in Ohio.

Mr. Smith joins Amerex with 30 years experience in the deregulated energy industry.  He spent the past 15 years with Noble Americas Energy Solutions and Constellation Energy, an Exelon company,.  Prior to those roles, Mr. Smith honed his knowledge of natural gas and electricity markets with several firms, including Niagara Mohawk, Pacific Gas & Electric, Consolidated Natural Gas and Texaco USA. Mr. Smith earned degrees from the University of San Francisco and Bradley University.  He will assist clients throughout the Mid-Atlantic region.

"We are focused on growing our business, both in scale and geographic diversity.  Adding team members with industry experience and expertise, and the ability to understand and find solutions for client needs, is a key part of our growth strategy.  We are excited to welcome Beth, Chester and Dan to our team, and the growth they will bring us in the DFW, Ohio and Mid-Atlantic areas," said Mr. Shoaf.

About Amerex Energy Services

Amerex Energy Services is an energy consulting firm that advises commercial, industrial, governmental and institutional entities in developing and implementing long term energy strategies. With over 30 years of wholesale and 10 years of retail energy experience, Amerex offers exceptional market intelligence and depth of experience in providing comprehensive energy price risk management services. Amerex Energy Services is the retail consulting division of Amerex Brokers LLC, which is a wholly-owned subsidiary of GFI Group Inc.

For more information, contact:
Melissa Mundy
Vice President, Marketing & Data Services
Amerex Brokers LLC
281-340-5206
[email protected]

Forward-looking statement
Certain matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "might," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of GFI Group Inc. (the "Company") and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: economic, political and market factors affecting trading volumes; securities prices or demand for the Company's brokerage services; competition from current and new competitors; the Company's ability to attract and retain key personnel, including highly-qualified brokerage personnel; the Company's ability to identify and develop new products and markets; changes in laws and regulations governing the Company's business and operations or permissible activities; the Company's ability to manage its international operations; financial difficulties experienced by the Company's customers or key participants in the markets in which the Company focuses its brokerage services; the Company's ability to keep up with technological changes; uncertainties relating to litigation and the Company's ability to assess and integrate acquisition prospects. Further information about factors that could affect the Company's financial and other results is included in the Company's filings with the Securities and Exchange Commission. The Company does not undertake to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE Amerex Energy Services