Goldma Sachs appoints new global head of the investment bank’s consumer and retail group
- 9 months ago
Goldman Sachs Group Inc’s global head of the investment bank’s consumer and retail group, Rob Sweeney, will step down at the end of April to be replaced by Stephan Feldgoise, co-head of mergers and acquisitions in the Americas, which advises consumer facing-companies.
On his watch, Goldman’s consumer and retail group ranked No. 1 in several global league tables last year.
He advised General Mills Inc on its 2018 acquisition of Blue Buffalo and Yum! Brands Inc on the separation of its China business.
Additionally, he led the initial public offerings for Under Armour Inc, Lululemon Athletica Inc and Canada Goose Holdings.
Feldgoise, who will maintain his current duties as co-head of mergers and acquisitions in the Americas, will be tasked with keeping the global consumer and retail group at No. 1, deepening client relationships and developing a global team, according to the memo signed by the heads of the investment bank, Gregg Lemkau, Dan Dees and Marc Nachmann.
Feldgoise is known for his work advising on the merger of U.S. drugstore chain Walgreens with the European group Alliance Boots Holdings Ltd. He also advised on Westlake Chemical Corp’s 2016 acquisition of Axiall Corp and Tesoro Corp’s $4.1 billion purchase of Western Refining Inc.
Source: Smart Trend Team