Barclays appoints Ian Woods as Vice Chairman, Industrials Investment Banking

Rhea-AI Summary

Barclays announces the appointment of Ian Woods as Vice Chairman, Industrials Investment Banking. He will lead Barclays' efforts with Building Products and Distribution clients and be based in New York.

Positive

• Ian Woods brings over 20 years of investment banking experience and will generate significant value for clients in the Building Products and Distribution sectors.

Negative

• None.

Mr. Woods brings to Barclays over 20 years of investment banking experience, and will play a leading role in strategic dialogue and M&A advisory for key Building Products and Distribution clients

NEW YORK--(BUSINESS WIRE)-- Barclays today announces the appointment of Ian Woods as Vice Chairman, Industrials Investment Banking. Mr. Woods will lead Barclays’ efforts with our Building Products and Distribution clients and be based in New York. He will report to John Lange, Global Head of Energy and Global Co-Head of Industrials Investment Banking, and Spyros Svoronos, Global Co-Head of Industrials Investment Banking.

Mr. Woods joins Barclays from Deutsche Bank where he was most recently a Managing Director on the Building Products team. In that role he also had responsibility for overseeing the Diversified Industrials team. Prior to this, Mr. Woods held several senior positions within the Building Products teams at Jefferies, RBC Capital Markets, and UBS, and before that worked in industrials and transportation at Bear Stearns.

Mr. Woods has over 20 years of experience in the industry, and has driven a number of notable transactions including Marjam Supply Company’s sale to Foundation Building Materials, AEA and BCI’s sale of Springs Window Fashions, Westlake Chemical’s acquisition of Boral North America, PGT Innovations’ acquisition of Martin Door, Clearlake Capital’s acquisition of PrimeSource and Dimora Brands, and Skyline Corp’s merger with Champion Enterprises.

“I am delighted to welcome Ian to Barclays. His long-established relationships in the Building Products and Distribution sectors together with his extensive transactional experience will generate significant value for our clients,” said John Lange, Global Head of Energy and Global Co-Head of Industrials Investment Banking. “These qualities, combined with his proven leadership capabilities, make him an excellent addition to our Industrials Banking platform.”

Barclays has been expanding its reach and capabilities in the Industrials space, including the appointment of Spyros Svoronos as Global Co-Head of Industrials announced in July.

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231023613114/en/

Press:

Andrew Smith

212-412-7521

andrew.x.smith@barclays.com

Source: Barclays

FAQ

Who is Ian Woods?

Ian Woods is the newly appointed Vice Chairman, Industrials Investment Banking at Barclays.

What will Ian Woods be responsible for?

Ian Woods will lead Barclays' efforts with Building Products and Distribution clients.

Where will Ian Woods be based?

Ian Woods will be based in New York.

Who will Ian Woods report to?

Ian Woods will report to John Lange, Global Head of Energy and Global Co-Head of Industrials Investment Banking, and Spyros Svoronos, Global Co-Head of Industrials Investment Banking.

What is Barclays' expansion in the Industrials space?

Barclays has been expanding its reach and capabilities in the Industrials space, including the appointment of Spyros Svoronos as Global Co-Head of Industrials.