Cary Kochman

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For other people named Kochman, see Kochman.
Cary Kochman
Nationality American
Education University of Illinois at Chicago, University of Chicago Law School and Booth School of Business
Occupation American Banker

Cary A Kochman (born April 1965) is an American banker and the Head of the North American Mergers and Acquisitions Group at Citigroup as well as the Co-Head of the Chicago Citi office.[1] He has over twenty-five years of investment banking experience. Over the past fifteen years, Cary Kochman led three leading Wall Street M&A Groups. Kochman specializes in mergers, acquisitions, activism defense, strategic hostile defense, divestitures, corporate takeovers, and is also considered a leading cross-border M&A expert. He serves as an advisor to board of directors, special committees, management teams, and governments. He has advised on over $500 billion worth of transactions.[2] Kochman is also a featured speaker and panelist at numerous conferences, corporate meetings, seminars, and events.[3][4][5][6][7][8][9]

Early life[edit]

Kochman graduated from the Honors College at the University of Illinois at Chicago in 1986 with a BS in Accounting.[10] He continued his education at the University of Chicago where he received his J.D. from the University of Chicago Law School and his MBA from the Booth School of Business in 1990.[11] While at the University of Chicago, he attended the London Business School and was also awarded a Nikko Fellowship for study in Tokyo, Japan.[12] Mr. Kochman is a member of the Illinois Bar and has completed both the C.P.A. and C.M.A. exams.

Career[edit]

Today, Cary Allan Kochman serves as the Head of the North American Mergers and Acquisitions Group and the Co-Head of the Chicago Citi office for Citigroup Global Markets Inc. He joined Citigroup in 2011[13][14] after leaving his position at UBS[15][16] as the Co-Global Head of Mergers & Acquisitions.

Kochman came to UBS in March 2004 as Co-Head of Americas Mergers & Acquisitions.[17][18][19][20][21][22][23][24][25] During his tenure at UBS, he also served as Co-Head of the Investment Banking Department’s (IBD’s) Chicago office and Midwest Region. He also served a member of the UBS Americas IBD Executive Committee.[26]

Before to joining UBS in 2004, Kochman worked at Credit Suisse[27][28] (formerly known as Credit Suisse First Boston.[29] He held the position of Head of the US M&A Department for the last two of his fourteen years with the company,[30][31] prior to which he held various senior positions at Credit Suisse, including Head of Industrial Corporate Advisory & Finance and Head of Industrial M&A.[32][33][34]

Advisory experience[edit]

Over the course of his career, Kochman has advised on over $500 billion worth of transactions.[35] In 2016, he advised on what is at present the largest announced and closed deal in North America: Baxalta’s $38 billion cross-border sale to Shire plc.[36] Over the course of his career he has advised on numerous high-profile transaction including: URS merger with AECOM, Bucyrus International on its sale to Caterpillar,[37] the sale of Tim Horton’s to Burger King[38] & 3G, ISCAR’s sale to Warren Buffet’s Berkshire Hathaway, Robbins & Myers’ sale to National Oilwell Varco, the merger of Eaton & Cooper Industries, Verint’s merger with Comverse Technology, Whitman’s realignment with PepsiCo and subsequent acquisition of Pepsi Americas, Zimmer Holdings’ cross-border hostile takeover of Centerpulse AG[39] and the Margaret Cargill Foundation with regard to their Cargill stake monetization via the tax efficient split-off of Mosaic.[40] This monetization funded the Margaret A. Cargill Philanthropies, creating the world’s third largest funded charitable trust.[41]

Memberships and organizations[edit]

Cary Kochman is a member of the "Council on Chicago Booth",[42] a committee that advises The University of Chicago Booth School of Business. He has formerly served as a member of The University of Chicago Law School Visiting Committee.[43]

He's a member of the Board of Trustees for the Council for Emerging National Security Affairs (CENSA)[44] and is an Honorary Trustee of the Shedd Aquarium.[45][46] He is also a member of numerous civic organizations including The Executives' Club of Chicago, The Economic Club of Chicago, and The Commercial Club of Chicago.[47] In the past he served on the Advisory Board for L.E.K. Consulting LLC,.[48][49]

References[edit]

  1. ^ http://www.ft.com/cms/s/3c9b8b08-d6c5-11d8-b444-00000e2511c8
  2. ^ http://www.xbma.org/Files/XBMA-2016%20London%20Participant%20Biographies.pdf
  3. ^ https://www.chicagobooth.edu/alumni/events/showEvent?eventId=1208
  4. ^ http://commencement.uic.edu/docs/CBA_14.pdf
  5. ^ https://news.uic.edu/cak
  6. ^ https://www.foley.com/files/Publication/42dc5f0a-88fd-4dcb-bdb8-dcba058eb67b/Presentation/PublicationAttachment/5fc58ccd-a48a-4e5f-a5ee-dfd480f47d7d/HostileBids.pdf
  7. ^ https://www.foley.com/files/Publication/f0e14e1d-95db-41a5-a953-6759eebc9bc5/Presentation/PublicationAttachment/654be711-0432-499f-80f9-6777bc9eb013/BoardConsiderationsGoingPrivateGoingDark.pdf
  8. ^ https://www.foley.com/files/Event/a36784bc-08b6-4976-a6ae-53ee725b1ee6/Presentation/EventAttachment/0dc84041-f3c6-4398-87fc-5489f9a6166f/BestPractices.pdf
  9. ^ https://www.foley.com/files/Event/17eb437e-24ab-49ae-a664-a9914102f9f2/Presentation/EventAttachment/14e6bb9b-0b67-410f-a1f5-ae35215b2ed8/NDIExEx_Booklet.pdf
  10. ^ http://business.uic.edu/uic-business-alumni
  11. ^ https://www.chicagobooth.edu/magazine/35/1/letters/letters2.aspx
  12. ^ https://www.transactionadvisors.com/professionals/95561/cary-kochman
  13. ^ https://globalmanetwork.com/2014-top50-north-america-ma-investment-bankers/
  14. ^ https://www.bloomberg.com/news/articles/2013-09-30/mega-deals-mask-stagnant-mid-sized-market-that-pays-bankers-more
  15. ^ http://www.reuters.com/article/us-ubs-bankers-idUSTRE75048W20110601 http://dealbook.nytimes.com/2011/06/01/citi-hires-2-more-ubs-bankers-as-exodus-continues/?_r=0
  16. ^ http://blogs.wsj.com/deals/2011/06/01/breaking-ubs-loses-co-ma-boss-cary-kochman-to-citigroup/
  17. ^ http://www.efinancialnews.com/story/2004-04-07/csfb-promotes-miller-to-replace-kochman
  18. ^ http://www.efinancialnews.com/story/2004-03-23/ubs-hires-kochman-from-csfb?mod=article-related
  19. ^ http://www.ft.com/cms/s/2/275524ea-0141-11e0-8846-00144feab49a.html#axzz4KvxisOmi
  20. ^ https://dealbook.nytimes.com//2009/10/02/stock-is-the-new-cash-in-recent-acquisitions/
  21. ^ http://ww2.cfo.com/banking-capital-markets/2007/11/buying-american/
  22. ^ http://in.reuters.com/article/us-dealtalk-failures-idINTRE4AD74V20081114
  23. ^ http://www.reuters.com/article/us-deals-ubs-interview-idUSTRE62P0LZ20100326
  24. ^ http://www.reuters.com/article/ubs-ma-idUSN2916282420110429
  25. ^ http://compliancex.com/ubs-co-head-of-americas-ma-lee-lebrun-plans-to-retire-in-may/
  26. ^ https://www.foley.com/files/Event/a7ece93b-181e-4d33-948d-0c45dd7c5d88/Presentation/EventAttachment/c6c76767-bf6f-4725-989e-1065197383dc/BoardConsideration-PrivateDark.pdf
  27. ^ http://www.marketwatch.com/story/csfbs-kochman-jumps-to-ubs
  28. ^ http://www.chicagobusiness.com/article/20140628/ISSUE01/306289987/why-investment-bankers-are-no-longer-bmocs
  29. ^ https://www.nytimes.com/2005/06/30/business/worldbusiness/credit-suisse-drops-a-name-first-boston.html?_r=0
  30. ^ http://www.institutionalinvestor.com/Article/1038078/Search/Two-Veteran-CSFB-Bankers-To-Retire-As-Restructuring.html#/.WBHwQxj3arU
  31. ^ http://articles.chicagotribune.com/2004-01-18/news/0401180386_1_real-issue-bank-one-corp-abbott-laboratories/2
  32. ^ https://www.chicagobooth.edu/alumni/events/showEvent?eventId=1208
  33. ^ http://www.chicagobusiness.com/article/20111105/ISSUE04/311059987/kochman-building-new-client-relationships-at-citigroup
  34. ^ http://www.csfb.com/company_info/assets/00_annual.pdf
  35. ^ http://www.xbma.org/Files/XBMA-2016 London Participant Biographies.pdf
  36. ^ https://www.bloomberg.com/news/articles/2016-01-11/shire-to-combine-with-baxalta-in-deal-valued-around-32-billion
  37. ^ http://www.reuters.com/article/us-ubs-bankers-idUSTRE75048W20110601
  38. ^ https://www.bloomberg.com/news/articles/2014-08-26/burger-king-agrees-to-buy-tim-hortons-in-move-to-lower-taxes
  39. ^ http://investor.zimmerbiomet.com/releasedetail.cfm?ReleaseID=144522
  40. ^ https://www.wsj.com/articles/SB10001424052748703954004576090290720390356
  41. ^ https://www.philanthropy.com/article/A-9-Billion-Philanthropic/159185
  42. ^ https://www.chicagobooth.edu/about/leadership/council
  43. ^ https://visitingdirectory.uchicago.edu/visiting/committee.php?c=VCLY
  44. ^ http://www.censa.net/Board-of-Trustees
  45. ^ http://www.sheddaquarium.org/About-Us/Leadership/Trustees/
  46. ^ http://www.sheddaquarium.org/Documents/Annual Reports and Financials/pdf for web AR FINAL from printer_spreads.pdf
  47. ^ http://xbma.org/Files/XBMA2009Symposium.pdf
  48. ^ https://www.bloomberg.com/research/stocks/people/person.asp?personId=22827476&privcapId=416620
  49. ^ https://www.bloomberg.com/research/stocks/private/relationship.asp?personId=337564&privcapId=214638468&previousCapId=356418&previousTitle=FORRESTER RESEARCH INC