BMO Capital Markets, the investment and corporate banking arm of BMO Financial Group, has hired five senior professionals in key areas of its US business, including M&A, business services and media, food, consumer and retail, and healthcare.
Alexander (Sandy) Ayer joins BMO Capital Markets as a managing director in the M&A group; Noam Cohen joins as managing director in the food, consumer and retail group; Les Gorman joins as managing director and senior client coverage officer; Paul Griffin joins as managing director in the business services and media unit; and David Parrot joins as a managing director in the healthcare team.
These latest appointments mark BMO Capital Markets’ continued expansion, which includes more than 450 new employees worldwide since last year, 112 of them in the US.
"The continuing expansion of our US investment and corporate banking group demonstrates the firm’s commitment to build on our competitive and differentiated position as a leading North American investment bank," says Perry Hoffmeister, head of US investment and corporate banking, BMO Capital Markets. "These new professionals have the sector knowledge, extensive client relationships and transaction experience to provide our clients best-in-class capabilities. They reinforce our expertise in some of the key industry sectors where we are focused. They join a seasoned team at BMO that specializes in delivering a full-suite of banking products and capital markets services to mid-cap and growth clients."
Ayer, based in New York, reports to Scott Humphrey, head of US M&A. Ayer brings more than 16 years of deal experience, as well as extensive strategic advisory experience from both JP Morgan and Bear Stearns.
Cohen, based in New York, will spearhead the firm’s non-food retailing business. He will report to Greg Pearlman, head of the food, consumer and retail group. Cohen has more than 23 years of investment banking experience, 18 of them focused on the retail industry. Most recently, he was managing director at Berenson and head of its retail industry coverage efforts.
Gorman, based in New York, previously spent 12 years at Lehman Brothers. Gorman will report to Perry Hoffmeister and serve on the US investment and corporate banking management committee.
Griffin, based in Boston, will lead the firm’s US software investment banking efforts. He will report to Susan Wolford, head of the business services and media group. Griffin brings more than 15 years of investment banking experience to BMO. Griffin was previously managing director and head of software investment banking at Cowen.
Based in San Francisco, Parrot reports to Michael Neuberger, head of the healthcare group. For the last year, Parrot was a managing director and head of healthcare banking at Montgomery. He was also a member of the firm’s executive committee.