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...According to a letter to clients seen by the Financial Times, the $180bn investment shop co-founded by US Senator Mitt Romney has promoted David Gross to lead the business alongside John Connaughton....
...According to a letter to clients seen by the Financial Times, the $180bn investment shop co-founded by US senator Mitt Romney has promoted David Gross to lead the business alongside John Connaughton....
...Garcia ended up cutting a deal with bondholders, including Apollo Global Management’s John Zito, to get relief on near-term cash interest expense....
...The battle for Middle England John Lewis and M&S are courting the same middle-class customers. They are having differing levels of success, the FT’s Laura Onita writes....
...Sullivan & Cromwell feels the heat in FTX bankruptcy John Ray, the emergency chief executive of FTX, famously described the crypto exchange he took over as a “dumpster fire”....
...“We intend to actively deploy this capital and our board and management team see compelling value in our shares,” chief financial officer John Redett said....
...The attendees included former British prime ministers Tony Blair and John Major as well as media tycoons Rupert Murdoch and Michael Bloomberg....
...Papa Johns announced that former basketball player Shaquille O’Neal will not stand for re-election to the company’s board of directors....
...The team has remained in his control ever since, though in 2020 the elder of Angelos’s two sons, John, took over as chair and chief executive amid Peter’s declining health....
...Diageo has appointed John Manzoni, the former head of the UK civil service, as chair from February next year. He will replace Javier Ferrán....
...Job moves Bain Capital has promoted David Gross to co-managing partner, the highest position at the asset manager, where he will work alongside John Connaughton....
...Evercore’s chief executive John Weinberg has his own history with Goldman....
...News round-up Reddit prices shares at top end of IPO range (FT) Gucci owner Kering’s shares tumble 12% on profit warning (FT) Billionaire John Paulson to hold megadonor fundraiser for Donald Trump (FT...
...Allen & Overy has hired John Goldfinch as a partner of its global structured finance team ahead of its merger with Shearman & Sterling. He joins the firm from Milbank....
...The legal battles circling the Agnelli fortune The two-decade long inheritance feud that has pitted the scion of Italy’s Fiat dynasty John Elkann against his mother has all the ingredients of a “Shakespearean...
...Brunswick chair and co-founder Sir Alan Parker also drew attention to Timms’s supremely connected “inner crew”: Goldman Sachs chief operating officer John Waldron; Centerview Partners founder Blair Effron...
...Famously, the blue bloods deposed Purcell in 2005 and re-installed their man John Mack atop the bank....
...For those still at Goldman, bank president John Waldron is viewed as the leading candidate....
...john.gapper@ft.com...
...John Hess, the chief executive and part of the founding family, is getting a $56mn package of parachute payments....
US tech company seeks to propel next generation of AI-enabled online security
...“Every single expense is on the table,” chief financial officer John Redett told analysts. “There is no such thing as a sacred expense.”...
...John Fekete, head of capital markets at Crescent Capital, an alternative investment group that manages $40bn in assets, says private equity-owned companies have generally outperformed expectations over the...
...The four executives are Matt Nord and David Sambur, two senior partners who lead Apollo’s private equity business, as well as John Zito, deputy chief investment officer of credit, and Grant Kvalheim, president...
...Carlyle chief executive Harvey Schwartz and chief financial officer John Redett told analysts this month the group had uncovered $40mn in annualised cost cuts and was looking for further savings....
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