Business NEWS

JP Morgan Chase hires ex-Merrill exec as William Rifkin mergers and acquisitions vice chair

By Amarendra Bhushan for CEOWORLD Magazine Updated:June 19, 2009


JP Morgan Chase & Co. announced that William Rifkin will join the investment bank as vice chairman of mergers and acquisitions.

Rifkin was previously chairman of global mergers and acquisitions at Merrill Lynch, and worked on many transactions, including: Freeport-McMoRan’s acquisition of Phelps Dodge, Gold Kist’s sale to Pilgrims Pride, and Adidas’ purchase of Reebok.

“Bill brings more than 30 years of M&A experience, tremendous industry knowledge and deep client relationships to our franchise,” said Jimmy Elliott. “I am confident that Bill’s addition to J.P. Morgan will prove to be an enormous benefit to our clients globally.”

Mr. Rifkin holds a bachelor’s degree in economics from Stanford University, where he graduated Phi Beta Kappa, and holds an M.B.A from Harvard Business School, where he was a Baker Scholar. Mr. Rifkin is also a member of the Board of Directors of Phoenix House Foundation, Inc. and the Chairman of the Board of the Brooklyn Children’s Museum.

J.P. Morgan is one of the leading merger and acquisitions advisory firms, ranking #1 in global M&A deal volume and #2 in the U.S. as of the end of first quarter 2009, according to Dealogic. The firm’s in-depth expertise extends to a wide range of strategic M&A transactions, including asset purchases and dispositions, restructurings and reorganizations.

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