Citi’s M&A Head Kochman Departing After 13 Years
After 13 years, Cary Kochman, head of global mergers and acquisitions at the bank, is retiring. This news comes as a surprise to many in the finance world, as Kochman has been a key figure in the industry for over a decade. His departure marks the end of an era at the bank, as he has played a significant role in shaping its M&A strategy and leading numerous high-profile deals.
During his time at the bank, Kochman has been known for his strategic thinking and deal-making prowess. He has been instrumental in advising on major transactions and has earned a reputation as a trusted advisor to clients. His expertise and leadership will certainly be missed in the industry.
Kochman’s departure raises questions about who will fill his shoes and what direction the bank’s M&A division will take in the future. It is likely that the bank will conduct a thorough search for his replacement, looking for someone with a similar level of experience and expertise to lead the team moving forward.
While Kochman’s retirement is certainly a loss for the bank, it also presents an opportunity for new leadership to bring fresh ideas and perspectives to the M&A division. Change is inevitable in the finance world, and it will be interesting to see how the bank adapts to this transition in the coming months.