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Citi M&A Head Cary Kochman Retires as Bank Restructures Investment Banking
Cary Kochman, head of global mergers and acquisitions at Citigroup, is retiring after 13 years with the bank. His departure comes as Citigroup aims to revitalize its investment banking division. Kevin Cox will take over as interim M&A head while a search for a permanent replacement begins.
citi hires jeff stute to enhance healthcare mergers and acquisitions team
Jeff Stute, a seasoned investment banker with three decades of experience, is joining Citigroup as vice president of North American healthcare mergers, effective December. His recruitment aims to enhance Citi's healthcare M&A capabilities amid a competitive landscape, following recent promotions within the team. Stute previously held significant roles at Perella Weinberg Partners and JPMorgan Chase, advising on major pharmaceutical deals.
Citi hires Jeff Stute to enhance healthcare mergers and acquisitions team
Citi has recruited Jeff Stute from Perella Weinberg Partners to enhance its healthcare M&A division, where he will serve as vice president starting in December. With over 30 years of experience, Stute aims to strengthen Citi's market position amid a competitive landscape, following recent promotions within the team. The healthcare M&A market has seen a 13% decline in deal volume this year, highlighting the challenges ahead.
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