| NEW YORK
NEW YORK Nov 19 Barclays Plc has named
Chris Sullivan as head of its financial sponsors group for the
Americas, according to an internal memo.
Sullivan in the new role will succeed John Miller, was
promoted last month to the newly created position of head of
banking for the Americas.
A Barclays representative confirmed the contents of the
memo, which was sent to staff on Monday. A copy of the document
was seen by Reuters.
Sullivan joined the firm in 1998 as part of the industrials
group and transitioned in 2003 to financial sponsors coverage,
which includes building relationships with private equity firms.
Among other transactions, he worked with Blackstone Group LP
on leveraged buyouts and subsequent initial public
offerings of both Pinnacle Foods Inc and SeaWorld
Sullivan will work alongside Karen Frank and Ken McGrath,
who have been appointed co-heads of financial sponsors group for
Europe, Middle East and Africa.
Matt Grinnell, who has run the business since 2009, will
become chairman of EMEA Financial Sponsors.