JPMorgan promotes new chair of M&As

JPMorgan promoted Kurt Simon to global chairman of mergers and acquisitions and is reorganizing its technology, media and telecommunications team.

Bloomberg News reports that Simon, who has led TMT in North America since 2009, will relocate to New York from San Francisco by August 1, according to a memo from investment banking chief Carlos Hernandez.

Hernan Cristerna and Chris Ventresca will remain global co-heads of M&A, reporting to Hernandez. The Wall Street Journal reported the move earlier Thursday.

Simon has led JPMorgan to the No. 2 slot in U.S. technology and Internet deals this year, behind Credit Suisse, data compiled by Bloomberg show. 

To access the complete Bloomberg News article hit the link below:

JPMorgan Promotes Dealmaker Kurt Simon to Global Chairman of M&A

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