Posted on July 2, 2009 at 10:11 AM
Filed under: Acquisitions | Careers | Deal International | Growth Strategy | Middle market | Movers & Shakers | People | Sector Watch | Trends
Tagged: Alan Murray , Bank of America , Barclays , David Asmus , Evercore Partners , Gazprom , Morgan Lewis & Bockius , PetroChina , Robert Pacha , Sinopec , Societe Generale

Strategics in the oil sector feeling an economic upturn is in sight have been running to the deal table as valuations are still a bit depressed. In turn, investment banks and law firms alike have responded by hiring as they look to reign in M&A advisory fees.Some big deals have...  Continue reading

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Posted on July 1, 2009 at 8:39 AM
Filed under: Careers | Corporate Strategy | Middle market | Movers & Shakers | People
Tagged: AOL , Colbert Narcisse , FDIC , Gregory Webster , HSBC , Ivar Eilertsen , Ken Kharbanda , Merrill Lynch , Petrina Dawson , Thomas Shelton

With advice from M&A veterans such as Merrill Lynch & Co.'s former COO of Americas investment banking, Colbert Narcisse, and Ken Kharbanda, AOL LLC's former head of corporate development, startup People Capital is looking to address a growing problem in the U.S. resulting form the economic crisis. The firm is...  Continue reading

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Posted on June 30, 2009 at 3:05 PM
Filed under: Movers & Shakers
Tagged: Comverse Technology , Corvis Corp. , GridPoint Inc. , John Spirtos , NeuStar

A surge in alternative energy dealmaking has for months been predicted by energy analysts, lawyers, consultants and a cadre of other industry watchers. It's no surprise then that GridPoint Inc. has hired an experienced dealmaker to help position it for growth. John B. Spirtos has joined GridPoint, a maker of...  Continue reading

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Posted on June 30, 2009 at 10:49 AM
Filed under: Movers & Shakers
Tagged: ADP , Aruspex , Howard Koenig , Oracle , Sword Group

We've spent the past few weeks reporting our annual feature on corporate development careers to be published in the July 6 issue of The Deal. It's the third time we've explored the topic (see our first two installments here and here), and the career paths corporate dealmakers follow in and...  Continue reading

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Posted on June 30, 2009 at 9:56 AM
Filed under: Corporate Strategy | Movers & Shakers
Tagged: facebook inc. , genentech , roche ag

For some people, Roche Holding AG's takeover of Genentech Inc. was bad news. For others, good. Put Facebook Inc. CEO Mark Zuckerberg in the latter category. After Roche took over, the biotech giant didn't need its own CFO, which made David Ebersman available to become CFO at the  social networking...  Continue reading

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Posted on June 26, 2009 at 4:15 PM
Filed under: Careers | Movers & Shakers | Slides
Tagged: Cuong Viet Do , Tyco Electronics

Tyco Electronics Ltd. (NYSE:TEL) has hired Cuong Viet Do as senior vice president of corporate strategy and business development, reporting to chief executive Tom Lynch. He most recently was chief strategy officer for Chinese computer maker Lenovo Group Ltd., which he joined in 2006 -- a year after Lenovo's $1.75...  Continue reading

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Posted on June 26, 2009 at 2:46 PM
Filed under: Careers | Law | Movers & Shakers | People
Tagged: Dave Johnson , Dell , IBM , noncompete clause

For now, that is. U.S. District Judge Stephen Robinson says Dave Johnson, IBM Corp.'s (NYSE:IBM) former vice president for corporate development can work at rival Dell Inc. (NASDAQ:DELL) during its suit against Johnson. IBM claims Johnson is violating a noncompete clause by going to work for Dell. Bloomberg News picked...  Continue reading

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Posted on June 26, 2009 at 10:06 AM
Filed under: CD Community | Movers & Shakers
Tagged: david johnson , dell inc. , ibm corp

IBM Corp. (NYSE:IBM), locked in a court battle with Dave Johnson, its former vice president for corporate development, has filed a complaint charging him with misusing company resources for personal benefit, according to court documents cited in Reuters and Bloomberg reports.IBM is suing Johnson for violating a noncompete agreement --...  Continue reading

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Posted on June 25, 2009 at 12:58 PM
Filed under: Careers | Corporate Strategy | Deal International | Growth Strategy | Movers & Shakers | People
Tagged: BP plc , Carl-Henric Svanberg , Hans Vestberg , Peter Sutherland , Sony Ericsson , Tony Hayward

Surprising onlookers, and what The Associated Press calls a move that caught the financial district off guard, BP plc (NYSE:BP) named Sony Ericsson's Carl-Henric Svanberg (pictured) as its chairman. BP has been looking for a new one for about two years now.Former Rio Tinto plc (NYSE:RTP) chairman Paul Skinner was...  Continue reading

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Posted on June 24, 2009 at 2:44 PM
Filed under: Divesting and Restructuring | Movers & Shakers
Tagged: AIG , Alain Karaoglan , American International Group , Banc of America Securities

American International Group Inc. (NYSE:AIG) has been unloading assets in rapid succession, so it's no wonder the battered insurer has hired a seasoned insurance analyst and banker as senior vice president -- divestiture. Alain Karaoglan most recently served as managing director of equity research at Banc of America Securities LLC,...  Continue reading

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