MOVES-Goldman M&A veteran Michael Carr to retire

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June 28 (Reuters) – Top Goldman Sachs rainmaker Michael
Carr, a veteran banker who advised on some of the biggest
corporate takeovers in history and oversaw a boom in dealmaking
at Wall Street’s premier investment bank, is retiring from the
firm.

Carr, who became co-chair of the bank’s global mergers and
acquisitions (M&A) business during a leadership reshuffle in
2020, led Goldman’s powerhouse advisory group during an era that
witnessed an unprecedented takeover boom.

During his tenure, Goldman advised on mega deals including
the $130 billion tie-up between U.S. chemical giants DuPont and
Dow Chemical Co and AbbVie’s $63 billion deal for Botox maker
Allergan.

“Over the course of his extensive career at the firm,
Michael has been the consummate advisor to our clients’
corporate boards and leadership teams as they considered and
pursued a wide range of strategic transactions,” Goldman Sachs
Chief Executive David Solomon said in an internal memo seen by
Reuters.

The contents of the memo were confirmed by a Goldman
spokesperson. Carr will stay on as an advisory director at
Goldman, according to the memo.

Carr joined the investment bank as a partner in 1998 from
Salomon Smith Barney, a year before Goldman went public. From
2000 to 2004, Carr was based in Hong Kong where he oversaw the
advisory group in Asia, excluding Japan, before returning to New
York to lead the bank’s industrials and natural resources group.

He took over as the Americas M&A head for Goldman in 2011,
before being elevated to global co-head of M&A in 2015.
(Reporting by Anirban Sen in New York; editing by David Evans)



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