Top Goldman Merger Banker Stephan Feldgoise to Retire
June 28 2017 - 9:14AM
Dow Jones News
By Liz Hoffman
One of Goldman Sachs Group Inc.'s top U.S. merger bankers is
leaving.
Stephan Feldgoise, co-head of Goldman's M&A group in the
Americas, is retiring from the firm at age 46, according to people
familiar with the matter. He will remain an advisory director, the
people said, a title often given to departing Goldman executives
who aren't heading to a competitor.
His departure leaves Matt McClure atop the group, which houses
one of Goldman's best businesses: advising big U.S. companies on
takeovers.
Mr. Feldgoise joined Goldman in 1997 as a banker to energy and
power companies. He was named a partner in 2008 and co-head of the
Americas M&A business two years ago.
He has worked on deals including Walgreens' takeover of European
pharmacy chain Alliance Boots, the merger of utilities Exelon Corp.
and Pepco Holdings Inc., and the sale of Western Refining Inc. to
Tesoro Corp.
There has been higher-than-usual turnover in Goldman's
investment-banking division lately, much of it set off by the
departure last year of Goldman's No. 2 executive Gary Cohn to the
Trump administration. The group, which includes M&A and capital
raising, is Goldman's second-largest by revenue.
It will still be well-tended. Goldman, known for having numerous
co-heads in divisions, has two global chiefs of M&A, Michael
Carr and Gilberto Pozzi, as well as several vice chairmen in the
group, who deal primarily with clients.
Write to Liz Hoffman at liz.hoffman@wsj.com
(END) Dow Jones Newswires
June 28, 2017 08:59 ET (12:59 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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