Truist Securities enhances Industrials and Services expertise
Truist Securities has announced three strategic hires to strengthen its Industrials and Services investment banking team. The firm appointed three new managing directors: Don Devendorf for Transportation and Logistics, Douglas Jarl for Aerospace, Defense and Government Services, and Josh Prangley for Building Products and Basic Materials sectors.
The appointments demonstrate Truist's commitment to expanding its expertise in key economic sectors. Devendorf, previously with Morgan Stanley and Bluejay Advisors, and Jarl, formerly at Barclays, Bank of America, and TD Cowen, will be based in New York City. Prangley, who worked at Greenhill & Co. and J.P. Morgan, will operate from Chicago. All three will report to John Pilant, head of Industrials and Services Investment Banking and Capital Markets.
Truist Securities ha annunciato tre assunzioni strategiche per rafforzare il suo team di investment banking nei settori Industriale e dei Servizi. La società ha nominato tre nuovi managing director: Don Devendorf per Trasporti e Logistica, Douglas Jarl per Aerospaziale, Difesa e Servizi Governativi, e Josh Prangley per i settori Prodotti per l'Edilizia e Materiali di Base.
Queste nomine dimostrano l'impegno di Truist nell'ampliare la propria competenza in settori economici chiave. Devendorf, in precedenza presso Morgan Stanley e Bluejay Advisors, e Jarl, ex Barclays, Bank of America e TD Cowen, saranno basati a New York City. Prangley, che ha lavorato per Greenhill & Co. e J.P. Morgan, opererà da Chicago. Tutti e tre risponderanno a John Pilant, responsabile dell'Investment Banking e Capital Markets nei settori Industriale e dei Servizi.
Truist Securities ha anunciado tres contrataciones estratégicas para fortalecer su equipo de banca de inversión en los sectores Industriales y de Servicios. La firma nombró a tres nuevos directores generales: Don Devendorf para Transporte y Logística, Douglas Jarl para Aeroespacial, Defensa y Servicios Gubernamentales, y Josh Prangley para los sectores de Productos de Construcción y Materiales Básicos.
Estos nombramientos reflejan el compromiso de Truist de ampliar su experiencia en sectores económicos clave. Devendorf, anteriormente en Morgan Stanley y Bluejay Advisors, y Jarl, ex Barclays, Bank of America y TD Cowen, estarán basados en la ciudad de Nueva York. Prangley, quien trabajó en Greenhill & Co. y J.P. Morgan, operará desde Chicago. Los tres reportarán a John Pilant, jefe de Banca de Inversión y Mercados de Capital en los sectores Industriales y de Servicios.
Truist Securities는 산업 및 서비스 투자 은행 팀 강화를 위해 세 명의 전략적 임원을 영입했다고 발표했습니다. 회사는 교통 및 물류 부문에 Don Devendorf, 항공우주, 방위 및 정부 서비스 부문에 Douglas Jarl, 건축 자재 및 기초 소재 부문에 Josh Prangley를 각각 신임 전무 이사로 임명했습니다.
이번 임명은 주요 경제 부문에서 전문성을 확대하려는 Truist의 의지를 보여줍니다. Devendorf는 이전에 Morgan Stanley와 Bluejay Advisors에서 근무했으며, Jarl은 Barclays, Bank of America, TD Cowen 출신으로 뉴욕시에 근무할 예정입니다. Prangley는 Greenhill & Co.와 J.P. Morgan에서 근무했으며 시카고에서 활동할 예정입니다. 세 명 모두 산업 및 서비스 투자 은행과 자본 시장 부문 책임자인 John Pilant에게 보고합니다.
Truist Securities a annoncé trois recrutements stratégiques pour renforcer son équipe de banque d'investissement dans les secteurs de l'Industrie et des Services. La société a nommé trois nouveaux directeurs généraux : Don Devendorf pour les Transports et la Logistique, Douglas Jarl pour l'Aérospatiale, la Défense et les Services Gouvernementaux, et Josh Prangley pour les secteurs des Produits de Construction et des Matériaux de Base.
Ces nominations illustrent l'engagement de Truist à développer son expertise dans des secteurs économiques clés. Devendorf, anciennement chez Morgan Stanley et Bluejay Advisors, et Jarl, auparavant chez Barclays, Bank of America et TD Cowen, seront basés à New York. Prangley, qui a travaillé chez Greenhill & Co. et J.P. Morgan, opérera depuis Chicago. Les trois rapporteront à John Pilant, responsable de la banque d'investissement et des marchés de capitaux pour les secteurs Industrie et Services.
Truist Securities hat drei strategische Neubesetzungen angekündigt, um sein Investmentbanking-Team für Industrie und Dienstleistungen zu stärken. Das Unternehmen ernannte drei neue Geschäftsführer: Don Devendorf für Transport und Logistik, Douglas Jarl für Luft- und Raumfahrt, Verteidigung und Regierungsdienste sowie Josh Prangley für die Bereiche Bauprodukte und Grundmaterialien.
Die Ernennungen zeigen Truists Engagement, seine Expertise in wichtigen Wirtschaftssektoren auszubauen. Devendorf, zuvor bei Morgan Stanley und Bluejay Advisors, sowie Jarl, ehemalig bei Barclays, Bank of America und TD Cowen, werden in New York City ansässig sein. Prangley, der bei Greenhill & Co. und J.P. Morgan tätig war, wird von Chicago aus arbeiten. Alle drei berichten an John Pilant, Leiter des Investmentbankings und der Kapitalmärkte für Industrie und Dienstleistungen.
- Strategic expansion into key economic sectors strengthens market position
- Addition of experienced senior talent from major financial institutions
- None.
Firm adds three new managing directors to its investment banking team
These additions reflect Truist's continued investment in talent and sustained growth, particularly in strategically important sectors of the economy.
"We continue to strengthen our business across key sectors to enhance the innovative advice and solutions we provide our clients," said John Pilant, head of Industrials and Services Investment Banking and Capital Markets for Truist Securities.
- Don Devendorf joins as a managing director, leading coverage of the Transportation and Logistics sector, which includes railroads, trucking operators, integrated and asset-light logistics providers, transportation infrastructure, and transportation equipment leasing. Prior to joining Truist, Devendorf was at Morgan Stanley and Bluejay Advisors. He earned a Master of Business Administration from The Wharton School, a Master of Arts from
Columbia University, and a Bachelor of Arts from Middlebury College. - Douglas Jarl joins as managing director, leading Aerospace, Defense and Government Services sector coverage, which includes aerospace manufacturing, defense electronics and technology, and government-specific services businesses. Prior to joining Truist, Jarl was at Barclays, Bank of America, and TD Cowen. He earned his Master of Business Administration from Duke University's Fuqua School of Business and a Bachelor of Science from The United States Naval Academy.
- Josh Prangley joins as managing director, leading coverage of the Building Products and Basic Materials sector, which includes companies focused on residential and commercial building product manufacturing and distribution, heavy side building materials, and forestry products such as wood products, pulp, paper and paper packaging. Prior to joining Truist, Prangley was at Greenhill & Co. and started his banking career at J.P. Morgan. Josh earned a Master of Business Administration from Chicago Booth and a Bachelor of Science from the University of
Maryland .
"Don, Doug and Josh bring a wealth of experience and proven track records of success," added Pilant. "As the industrial sector continues to experience significant change, their experience will be critical in helping our clients navigate these complexities and capitalize on new opportunities."
Devendorf and Jarl will be based in
About Truist Securities
Truist Securities is the full-service corporate and investment banking arm of Truist Financial Corporation (NYSE: TFC). With a rich history extending back more than 125 years, Truist Securities offers a robust capital markets and investment banking platform that includes a comprehensive array of strategic advisory, mergers and acquisition, and capital markets capabilities for corporate and institutional clients, including sales, trading and research services in both fixed income and equity. The firm also provides corporate finance, asset finance, risk management, liquidity, and treasury management solutions to meet clients' full spectrum of financial needs. Headquartered in
© 2025 Truist Financial Corporation. Truist and Truist Securities are service marks of Truist Financial Corporation. All rights reserved. Truist Securities is the trade name for the corporate and investment banking services of Truist Financial Corporation and its subsidiaries. Securities and strategic advisory services are provided by Truist Securities, Inc., member FINRA and SIPC. Lending, financial risk management, and treasury management and payment services are offered by Truist Bank. Deposit products are offered by Truist Bank, Member FDIC.
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