Woodmont Restructuring Triggers Name Change, Headquarters Move

FT. WORTH-It may look like a simple change, but it’s not, says The Woodmont Co.

Effective immediately, the Ft. Worth-based firm’s five divisions will be known henceforth by one moniker. The realignment is being done in concert with new roles for executives and a streamlining that’s guaranteed to benefit the client, according to Stephen Coslik, company co-founder.

The restructuring also has brought a headquarters relocation and staffing increase in Dallas and Ft. Worth. In mid-December, Woodmont had moved from Ft. Worth’s 1 Ridgmar Center at 6500 W. Freeway to 2100 W. Seventh St., closer to the city’s downtown. Stephannie D. Mower, president and COO of the newly formed Asset Services Group, says the firm will be adding up to 18 new hires this year, with the bulk of the jobs being created for the Dallas office.