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Barclays Appoints Cathy Leonhardt as Global Head of Retail Within Investment Banking

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Barclays has appointed Cathy Leonhardt as Global Head of Retail within Investment Banking. With nearly 30 years of experience, Leonhardt brings deep client relationships and industry knowledge to strengthen Barclays' Consumer and Retail Group. Based in New York, she will report to Lowell Strug, Global Head of Consumer and Retail Group.

Leonhardt joins from Solomon Partners, where she was Partner and Co-Head of Consumer Retail Investment Banking. Her extensive experience includes advising on major transactions such as PVH's sale of Warners and Heritage Brands, and Walmart's divestitures of its DTC brands in 2023. Previously, she held positions at Morgan Stanley and Wachovia, working on significant deals in the retail and consumer sectors.

Barclays ha nominato Cathy Leonhardt come Global Head of Retail all'interno dell'Investment Banking. Con quasi 30 anni di esperienza, Leonhardt porta solide relazioni con i clienti e una profonda conoscenza del settore per rafforzare il Consumer and Retail Group di Barclays. Con sede a New York, riferirà a Lowell Strug, Global Head of Consumer and Retail Group.

Leonhardt arriva da Solomon Partners, dove era Partner e Co-Head del Consumer Retail Investment Banking. La sua vasta esperienza include la consulenza su importanti transazioni come la vendita di Warners e Heritage Brands da parte di PVH, e le dismissioni dei marchi DTC di Walmart nel 2023. In precedenza, ha ricoperto ruoli presso Morgan Stanley e Wachovia, lavorando su operazioni significative nei settori retail e dei consumatori.

Barclays ha designado a Cathy Leonhardt como Directora Global de Retail dentro de Banca de Inversión. Con casi 30 años de experiencia, Leonhardt aporta sólidas relaciones con los clientes y un profundo conocimiento de la industria para fortalecer el Consumer and Retail Group de Barclays. Con sede en Nueva York, reportará a Lowell Strug, Director Global del Consumer and Retail Group.

Leonhardt viene de Solomon Partners, donde fue Socia y Co-Directora de Banca de Inversión de Consumo y Retail. Su amplia experiencia incluye asesoramiento en transacciones importantes como la venta de Warners y Heritage Brands por parte de PVH, y las desinversiones de marcas DTC de Walmart en 2023. Anteriormente, ocupó puestos en Morgan Stanley y Wachovia, trabajando en acuerdos significativos en los sectores de retail y consumo.

바클레이스는 캐시 레온하르트를 투자은행의 글로벌 소매 책임자로 임명했습니다. 거의 30년의 경험을 보유한 레온하르트는 고객 관계와 산업 지식을 바탕으로 바클레이스의 소비자 및 소매 그룹을 강화합니다. 뉴욕에 본사를 두고 있으며, 롤웰 스트러그 글로벌 소비자 및 소매 그룹 책임자에게 보고할 예정입니다.

레온하르트는 솔로몬 파트너스에서 근무했으며, 그곳에서 소비자 소매 투자 은행의 파트너이자 공동 책임자였습니다. 그녀의 광범위한 경험에는 PVH의 워너스 및 헤리티지 브랜드 매각과 2023년 월마트의 DTC 브랜드 매각과 같은 주요 거래에 대한 자문이 포함됩니다. 이전에는 모건 스탠리와 와코비아에서 근무하며 소매 및 소비자 분야에서의 중요한 거래에 참여했습니다.

Barclays a nominé Cathy Leonhardt au poste de Responsable Mondiale du Retail au sein de la Banque d'Investissement. Forte de près de 30 ans d'expérience, Leonhardt apporte de solides relations avec les clients et une connaissance approfondie de l'industrie pour renforcer le Consumer and Retail Group de Barclays. Basée à New York, elle fera rapport à Lowell Strug, Responsable Mondial du Consumer and Retail Group.

Leonhardt rejoint Solomon Partners, où elle était Associée et Co-Responsable de la Banque d'Investissement dans le secteur de la consommation et du retail. Son expérience exhaustive inclut le conseil sur des transactions majeures telles que la vente par PVH de Warners et Heritage Brands, ainsi que les cessions des marques DTC de Walmart en 2023. Auparavant, elle a occupé des postes chez Morgan Stanley et Wachovia, travaillant sur des affaires significatives dans les secteurs du retail et de la consommation.

Barclays hat Cathy Leonhardt zur Global Head of Retail im Investment Banking ernannt. Mit fast 30 Jahren Erfahrung bringt Leonhardt tiefgehende Kundenbeziehungen und Branchenkenntnisse mit, um Barclays' Consumer and Retail Group zu stärken. Sie wird in New York ansässig sein und an Lowell Strug, den Global Head der Consumer and Retail Group, berichten.

Leonhardt kommt von Solomon Partners, wo sie Partnerin und Co-Head im Bereich Consumer Retail Investment Banking war. Ihre umfangreiche Erfahrung umfasst die Beratung zu bedeutenden Transaktionen wie dem Verkauf von Warners und Heritage Brands durch PVH sowie den Desinvestitionen von Walmart in seine DTC-Marken im Jahr 2023. Zuvor hatte sie Positionen bei Morgan Stanley und Wachovia inne, wo sie an wichtigen Geschäften im Einzelhandel- und Verbrauchermarkt arbeitete.

Positive
  • Appointment of experienced executive (Cathy Leonhardt) with 28+ years in investment banking
  • Strengthening of Barclays' Consumer and Retail Group in Investment Banking
  • Addition of deep client relationships and industry knowledge to the firm
Negative
  • None.

With nearly 30 years of Investment Banking experience, Ms. Leonhardt brings to Barclays deep client relationships and industry knowledge that will further strengthen the firm’s Consumer and Retail Group in Investment Banking.

NEW YORK--(BUSINESS WIRE)-- Barclays today announces the appointment of Cathy Leonhardt as Global Head of Retail within Investment Banking. Ms. Leonhardt will be based in New York, and will report to Lowell Strug, Global Head of Consumer and Retail Group.

Barclays appoints Cathy Leonhardt as Global Head of Retail within Investment Banking (Photo: Business Wire)

Barclays appoints Cathy Leonhardt as Global Head of Retail within Investment Banking (Photo: Business Wire)

Ms. Leonhardt has over 28 years of investment banking experience advising management teams and boards on strategically important domestic and cross-border transactions in the Consumer and Retail sectors. She joins Barclays from Solomon Partners where she was a Partner and the Co-Head of Consumer Retail Investment Banking. Ms. Leonhardt joined Solomon Partners in 2003, and has advised on transactions across retail, apparel and consumer sectors including PVH's sale of Warners and Heritage Brands, the sale of Rag & Bone, PVH’s acquisitions of Tommy Hilfiger and Warnaco Group, and Walmart in its divestitures of its DTC brands in 2023.

Prior to joining Solomon Partners, from 1996 Ms. Leonhardt was a Vice President at Morgan Stanley in their M&A Group. While there, she advised on Sears’ acquisition of Land’s End, Tommy Hilfiger Corporation’s acquisition of Tommy Europe, Jones Apparel’s acquisition of McNaughton, the merger of Monsanto and Pharmacia, Georgia-Pacific’s spin-off of The Timber Company to Plum Creek, and the sale of Donna Karan’s beauty business to Estée Lauder. Ms. Leonhardt began her career in 1992 at Wachovia in their US Corporate Banking Group.

“As the Consumer and Retail sector continues to evolve and experience accelerating pace of change, our clients more than ever depend on Barclays for strategic advice and seamless execution,” said Lowell Strug, Global Head of Consumer and Retail Group. “As a strategic hire for our investment banking business, Cathy’s deep relationships in the Consumer and Retail space, combined with her extensive transaction experience and proven leadership qualities, will be of enormous value to our clients and colleagues.”

“The Consumer and Retail space represents a critical opportunity-set for our investment banking business, and the team has seen consistently outstanding results in the sector over the years, playing major roles in a number of landmark transactions,” added Taylor Wright, Global Co-Head of Banking. “Cathy will ensure that we build on our business strengths and momentum, and continue to drive mind and market share with our clients. We are delighted to welcome Cathy to Barclays.”

About Barclays

Barclays is a British universal bank. We are diversified by business, by different types of customer and client, and geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by our service company which provides technology, operations and functional services across the Group. For further information about Barclays, please visit our website home.barclays.

About Barclays Corporate and Investment Bank

Barclays Corporate and Investment Bank is comprised of the Investment Banking, International Corporate Banking, Global Markets and Research businesses. It provides money managers, financial institutions, governments, supranational organisations and corporate clients with services and advice for their funding, financing, strategic and risk management needs. For further information about Barclays Corporate and Investment Bank, please visit our website www.cib.barclays.

Andrew Smith

+1 (212) 412 7521

Andrew.smith@barclays.com

Source: Barclays

FAQ

Who is Barclays' new Global Head of Retail in Investment Banking?

Barclays has appointed Cathy Leonhardt as the new Global Head of Retail within Investment Banking.

What is Cathy Leonhardt's background before joining Barclays (BCS)?

Cathy Leonhardt was previously a Partner and Co-Head of Consumer Retail Investment Banking at Solomon Partners. She has over 28 years of investment banking experience, including roles at Morgan Stanley and Wachovia.

What major transactions has Cathy Leonhardt advised on in her career?

Cathy Leonhardt has advised on significant transactions including PVH's sale of Warners and Heritage Brands, the sale of Rag & Bone, PVH's acquisitions of Tommy Hilfiger and Warnaco Group, and Walmart's divestitures of its DTC brands in 2023.

How does Barclays (BCS) expect Cathy Leonhardt's appointment to benefit the company?

Barclays expects Cathy Leonhardt's deep relationships in the Consumer and Retail space, extensive transaction experience, and leadership qualities to bring enormous value to clients and colleagues, helping to build on business strengths and drive market share.

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