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Lazard Hires a Greenhill Founding Partner
September 9, 2011
Lazard has hired Timothy M. George to expand its consumer and food advisory practice. He will work in Lazard’s New York office as a managing director.
Mr. George is a founding partner of boutique investment bank Greenhill & Company, which opened its doors in 1997.
Among the deals he has worked on recently were Alcon’s sale of its remaining publicly held stock to Novartis for $12.9bn and Coca-Cola Enterprises' sale of its North American bottling operations to the Coca-Cola Company.
His departure from Greenhill, reported by Bloomberg News in July, helped precipitate a steep drop in the boutique’s shares. Greenhill subsequently released its earnings early to help stem the stock drop, and the firm’s management said that it had lost only a few executives.
Mr. George previously worked at Morgan Stanley, where he headed the firm’s global food, beverage and consumer products team. [DealBook, 9/8/11]
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