JPMorgan has appointed Hernan Cristerna and Chris Ventresca to the newly created roles of co-heads of global mergers and acquisitions (M&A).
Cristerna, 48, was previously head of M&A for Europe, Middle East and Africa, while Ventresca, 46, was head of M&A for North America. They will report to Jeff Urwin, global head of investment banking.
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Most recently, Ventresca led Virgin Media’s Liberty Global deal, as well as United Technologies Corp’s US$16.5 billion acquisition of Goodrich, Dollar Thrifty’s sale to Hertz for US$1.2 billion and Ingersoll Rand’s announced spin-off of its security business.
Cristerna has worked on numerous sizeable cross-border transactions, including DE Master Blenders’ US$9.8 billion spin-off from Sara Lee, the merger of Iberia and British Airways and Inbev’s acquisition of Anheuser Busch for US$52 billion in 2008.
Urwin said, "Our refined M&A structure marks an important milestone for our global advisory business, and allows us to align and fully leverage the talent and experience of our M&A bankers."
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