Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Citi long-serving M&A chief to retire By: FOX Business April 11, 2023 at 12:04 PM EDT Mark Shafir, who most recently served as co-head of Global M&A at Citi, announced his retirement on Tuesday morning, according to a memo, which was distributed internally. One of Citigroup Inc.’s top dealmakers is retiring from the investment bank, according to a memo seen by The Wall Street Journal.Mark Shafir, who most recently served as co-head of Global M&A at Citi alongside Cary Kochman, announced his retirement on Tuesday morning, according to the memo, which was distributed internally. Mr. Shafir has been at Citi for 15 years, having worked in a number of leadership roles during his tenure there.Mr. Shafir has worked on a number of landmark deals, including Broadcom Inc.’s $61 billion deal to buy VMware Inc. and more recently Kroger Co.’s deal to buy its rival grocery chain Albertsons Cos.CHINA’S NEW TECH WEAPON: DRAGGING ITS FEET ON GLOBAL MERGER APPROVALSMr. Shafir plans to stay on at Citi to help with the transition process through mid-May, according to the memo. Mr. Kochman will continue leading the bank’s M&A franchise globally, it said. Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Citi long-serving M&A chief to retire By: FOX Business April 11, 2023 at 12:04 PM EDT Mark Shafir, who most recently served as co-head of Global M&A at Citi, announced his retirement on Tuesday morning, according to a memo, which was distributed internally. One of Citigroup Inc.’s top dealmakers is retiring from the investment bank, according to a memo seen by The Wall Street Journal.Mark Shafir, who most recently served as co-head of Global M&A at Citi alongside Cary Kochman, announced his retirement on Tuesday morning, according to the memo, which was distributed internally. Mr. Shafir has been at Citi for 15 years, having worked in a number of leadership roles during his tenure there.Mr. Shafir has worked on a number of landmark deals, including Broadcom Inc.’s $61 billion deal to buy VMware Inc. and more recently Kroger Co.’s deal to buy its rival grocery chain Albertsons Cos.CHINA’S NEW TECH WEAPON: DRAGGING ITS FEET ON GLOBAL MERGER APPROVALSMr. Shafir plans to stay on at Citi to help with the transition process through mid-May, according to the memo. Mr. Kochman will continue leading the bank’s M&A franchise globally, it said.