Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  JPMorgan Chase       

JPMORGAN CHASE
Mes dernières consult.
Most popular
SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

JPMorgan Chase & Co : Top JPMorgan private equity banker leaving for Revlon

share with twitter share with LinkedIn share with facebook
share via e-mail
0
10/10/2013 | 10:25pm CEST

JPMorgan Chase & Co (>> JPMorgan Chase & Co), one of Wall Street's biggest advisers and financiers of leveraged buyouts, is set to lose its chief private equity banker to cosmetics maker Revlon Inc (>> Revlon Inc) this month.

JPMorgan Chase & Co (>> JPMorgan Chase & Co), one of Wall Street's biggest advisers and financiers of leveraged buyouts, is set to lose its chief private equity banker to cosmetics maker Revlon Inc (>> Revlon Inc) this month.

Larry Alletto, currently JPMorgan's global head of its financial sponsors group, is due to join Revlon as chief financial officer, chief administrative officer and executive vice president by the end of the month, according to a Revlon regulatory filing published in July.

Alletto's last day with JPMorgan could not be learned but a person familiar with the matter, who was not authorized to speak publicly about personnel matters, said on Thursday Alletto was still with the bank.

Alletto, 48, will be replaced by Karen Simon, another JPMorgan investment banking veteran, whose new title will be head of North America financial sponsors group. She was previously vice chair covering the global oil and gas sector and before that head of the European financial sponsors group.

A JPMorgan spokeswoman declined to comment on behalf of the bank, Alletto or Simon. A Revlon spokeswoman did not respond to a request for comment.

Alletto became global head of financial sponsors at JPMorgan in 2009 following a 20-year career in investment banking with JPMorgan and Chemical Bank spanning several roles.

At Revlon, Alletto's annual base salary will be at least $765,000 (478,993 pounds), with a target bonus of 75 percent of his base salary and a provision for exceeding this based upon over-achievement of the company's goals, according to the filing.

Alletto's 2013 target bonus will be guaranteed and he will also receive a grant of 120,000 restricted shares of Revlon's common stock which will vest on a pro rata basis over three years, the filing shows. He is also eligible for grants of more than $1 million under Revlon's long-term incentive compensation plan.

Revlon is searching for a new chief after announcing last week that David Kennedy, the company's vice chairman and former chief executive, had been appointed as interim CEO. His predecessor, Alan Ennis, decided to leave to pursue other interests, Revlon said.

(Reporting by Greg Roumeliotis and Soyoung Kim in New York; Editing by Phil Berlowitz)

By Greg Roumeliotis and Soyoung Kim

Stocks treated in this article : JPMorgan Chase & Co, Revlon Inc
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on JPMORGAN CHASE
10/20 JP MORGAN CHASE MPANY : JPMorgan Chase Announces 2017 Mid-Cycle Stress Test Disc..
10/20 JPMORGAN CHASE & CO : Material Modification to Rights of Security Holders, Amend..
10/20 Factbox - Impact on banks from Britain's vote to leave the EU
10/20 PayPal tops profit estimates, lifts target on mobile payments growth
10/20 PayPal tops profit estimates, lifts target on mobile payments growth
10/19 JP MORGAN CHASE MPANY : JPMorgan Chase Financial Company LLC Declares Quarterly ..
10/19 JP MORGAN CHASE MPANY : Capital Impact Partners and JPMorgan Chase Launch New Pr..
10/19 JP MORGAN CHASE MPANY : Wounded soldier gets free Colorado Springs home
10/19 DAVID HENRY : U.S. bankers hold onto hopes that Trump will boost profits
10/18DJJP MORGAN CHASE MPANY : SEC Names J.P. Morgan Executive as Top Regulator of Exch..
More news
News from SeekingAlpha
08/17 Market Failure - The Forgotten Source Of Crisis
08/17 45 $100+ Billion Companies In The S&P 500
08/17 Tracking Glenn Greenberg's Brave Warrior Advisors Portfolio - Q2 2017 Update
08/16 Picking Stocks Fantasy Football Style - Cramer's Mad Money (8/15/17)
08/16 Foregone Conclusions Become Well-Known Facts
Financials ($)
Sales 2017 102 B
EBIT 2017 41 891 M
Net income 2017 24 915 M
Debt 2017 -
Yield 2017 2,12%
P/E ratio 2017 14,43
P/E ratio 2018 13,12
Capi. / Sales 2017 3,42x
Capi. / Sales 2018 3,26x
Capitalization 350 B
Chart JPMORGAN CHASE
Duration : Period :
JPMorgan Chase Technical Analysis Chart | 4-Traders
Technical analysis trends JPMORGAN CHASE
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
 
Mean consensus OUTPERFORM
Number of Analysts 29
Average target price 98,6 $
Spread / Average Target -0,88%
EPS Revisions
Managers
NameTitle
James Dimon Chairman & Chief Executive Officer
Marianne Lake Chief Financial Officer & Executive Vice President
Lori A. Beer Chief Information Officer
Rohan Amin Chief Information Security Officer
Lee R. Raymond Lead Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
JPMORGAN CHASE5.05%350 172
JP MORGAN CHASE & COMPANY13.56%350 172
INDUSTRIAL AND COMMRCL BANK OF CHINA LTD42.40%324 236
BANK OF AMERICA19.82%286 659
WELLS FARGO-2.47%270 639
CHINA CONSTRUCTION BANK CORPORATION33.09%239 293