Barclays Appoints Jim Rossman as Global Head of Shareholder Advisory

Rhea-AI Summary

Barclays has appointed Jim Rossman as the new Global Head of Shareholder Advisory, based in New York. He previously led the Shareholder Advisory group at Lazard, which he founded in 2013, and has over 30 years of experience in investment banking and corporate law. Rossman specializes in advising on shareholder activism, corporate governance, and strategic investor relations. Gary Posternack, Global Co-Head of M&A at Barclays, highlighted Rossman's extensive knowledge and relationships, which are expected to add significant value to their clients amid changing investor dynamics.

Positive

• Appointment of Jim Rossman expected to enhance Barclays' shareholder advisory capabilities.
• Rossman's extensive experience and relationships could improve client service and retention.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- Barclays announces the appointment of Jim Rossman as Global Head of Shareholder Advisory. Mr. Rossman will be based in New York and report to Gary Posternack and Ihsan Essaid, Global Co-Heads of M&A at Barclays.

Mr. Rossman joins Barclays from Lazard, where he was global head of the Shareholder Advisory group, which he founded in 2013, and also served as the head of the renewable energy team in the Power, Energy & Infrastructure group. Prior to joining Lazard, he was a senior equity capital markets banker at Lehman Brothers and a corporate lawyer at Cleary, Gottlieb, Steen & Hamilton in their Brussels and New York offices. Mr. Rossman has also held senior equity capital markets roles at both HSBC and Macquarie, where he founded and led origination and syndicate teams for the Americas.

Mr. Rossman advises private and public companies on shareholder activism, raid defense, strategic investor relations, corporate governance, evaluation of strategic alternatives and capital allocation, and capital raising. He has over 30 years of experience as both an investment banker and a corporate lawyer, and works with companies globally. Mr. Rossman is a leading expert on the responsibilities of public company directors and the implementation of best practices in the context of preparing for and overseeing responses to hostile shareholder actions.

Gary Posternack, Global Co-Head of M&A at Barclays, said: “Jim has unparalleled knowledge and experience in the activism defense and shareholder advisory spaces, and these attributes combined with his deep roster of key relationships will enable him to deliver great value to our clients. We look forward to working together to help our clients appropriately respond to investor and regulatory dynamics and to successfully navigate market challenges and situations.”

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221207005643/en/

Andrew Smith

+1 212 412 7521

andrew.x.smith@barclays.com

Source: Barclays

FAQ

Who is Jim Rossman and what role has he been appointed to at Barclays?

Jim Rossman has been appointed as the Global Head of Shareholder Advisory at Barclays.

What experience does Jim Rossman bring to Barclays?

Jim Rossman has over 30 years of experience in investment banking and corporate law, having previously led the Shareholder Advisory group at Lazard.

How might Jim Rossman's appointment impact Barclays' clients?

His experience and established relationships are expected to enhance service delivery in shareholder advisory and investor relations.

Where will Jim Rossman be based while working at Barclays?

Jim Rossman will be based in New York.