Log in
Login
Password
Remember
Lost password
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Shares  >  Nyse  >  Aetna Inc    AET

Delayed Quote. Delayed  - 07/31 04:00:32 pm
112.97 USD   -1.03%
07/30 Health insurer Cigna says second-quarter medical costs stay low; ..
07/30DJCigna Corp. Profit Tops Expectations
07/30DJCigna Corp. Profit Tops Expectations
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Goldman M&A head Sykes joins management committee

04/19/2012 | 05:07pm US/Eastern

(Reuters) - Gene Sykes, global head of Goldman Sachs Group Inc's (>> Goldman Sachs Group, Inc.) mergers and acquisitions business, has been named to the investment bank's management committee, according to an internal memo.

(Reuters) - Gene Sykes, global head of Goldman Sachs Group Inc's (>> Goldman Sachs Group, Inc.) mergers and acquisitions business, has been named to the investment bank's management committee, according to an internal memo.

The 54-year-old investment banker joins 28 other executives on the powerful committee, which includes Chief Executive Lloyd Blankfein and Chief Operating Officer Gary Cohn, and influences decisions about Goldman's business strategy and operations.

Sykes' appointment comes just nine days after the departure of another prominent Goldman banker, Yoel Zaoui, was announced in a separate internal memo. Zaoui shared the title of M&A co-head with Sykes and had also been on the management committee.

Sykes, who is based in Los Angeles, is also chairman of the global technology, media and telecommunications department of the investment banking division. He is a member of Goldman's internal Business Standards Committee.

The Goldman veteran joined the firm in 1984 and became a partner in 1992. He has advised on several high-profile deals, including Walt Disney Co's (>> The Walt Disney Company) acquisition of Pixar, Aetna Inc's (>> Aetna Inc.) acquisition of U.S. Healthcare and Roche Holding AG acquisition of Genentech.

"Gene has played a vital role in strengthening our investment banking franchise, particularly with respect to many of the most significant companies in technology and media," Blankfein and Cohn said in the memo, whose contents were confirmed by a spokesman.

(Reporting By Lauren Tara LaCapra in New York; editing by Andre Grenon)

By Lauren Tara LaCapra

React to this article
Latest news on AETNA INC
05:13p AETNA : PA/ : Entry into a Material Definitive Agreement, Creation of a Direct F..
07/30 Health insurer Cigna says second-quarter medical costs stay low; profit beats
07/30DJCigna Corp. Profit Tops Expectations
07/30DJCigna Corp. Profit Tops Expectations
07/29DJCEOs at Aetna, Anthem Help to Reshape Health-Insurance Industry
07/29 Anthem profit beats as medical costs stay at low end of estimates
07/29DJHumana Profit Jumps 25%
07/29DJHumana Profit Jumps 25% Despite Challenges in Medicare Advantage
07/28 AETNA : Dubai Most Searched for Destination by US Job Seekers
07/26DJTeva Poised to Get a Big Boost in Generics
Advertisement
Chart
Duration : Period :
Aetna Inc Technical Analysis Chart | AET | US00817Y1082 | 4-Traders
Income Statement Evolution
More Financials