Consulting firms
Towers, Perrin, Forster & Crosby Inc. and
Watson Wyatt Worldwide Inc. will merge to form a publicly listed company called Towers Watson & Co. As a result, Watson Wyatt CEO
John Haley (pictured) will be the combined company's chief executive, and Towers Perrin CEO
Mark Mactas will be president. Watson chief financial officer
Roger Millay will retain his title when the $3.5 billion deal closes.
FBR Capital Markets Corp. made three hires: Robert Hallett joins the energy and natural resources group to oversee the Houston office; Joseph Giacobbe joins the diversified industrials group in Arlington, Va.; and David Grove joins the technology, media and telecom group in San Francisco.
Hallett joins from RBC Capital Markets Corp., where he was a managing director in the energy investment banking practice and mergers and acquisitions group for the past nine years. He began his career in private practice with Parlee McLaws LLP, handling corporate- and securities-related transactions for energy companies.
Giacobbe arrives from Banc of America Securities LLC, where he was a managing director in its aerospace, defense and transportation group. He began his investment banking career with Merrill Lynch & Co.'s global industries group, focusing on aerospace and defense companies. Grove also comes from BofA Securities, where he was a managing director in the technology investment banking group.
He spent most of his career in investment banking at Cowen and Co. LLC, where he was a vice president in its technology investment banking and M&A groups. Grove began his career practicing corporate law with Andrews Kurth LLP.
Check The Deal Pipeline for updates on these Movers & shakers:
- Alex de Winter joined technology-focused venture capital firm Mohr Davidow Ventures.
- Arnon Dinur joined Greylock Partners as a partner in Israel.
- Linklaters LLP appointed Marc Harvey and Celia Lam as joint China region managing partners.
Look for these and
more!
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