March 6 (Bloomberg) -- Greenhill & Co. hired Patricia Moran from Skadden, Arps, Slate, Meagher & Flom LLP to be chief legal officer as the investment bank founded by Robert F. Greenhill expands in merger advice.
Moran, 54, replaces Gavin Solotar, 49, who becomes a managing director in the corporate advisory business after serving as general counsel since 2012, New York-based Greenhill said today in a statement. Moran was a partner at Skadden, where she spent 30 years advising on takeovers, private equity and restructuring across the U.S., Australia, Canada, Europe and Japan markets, the firm said.
Chief Executive Officer Scott L. Bok, 54, said Moran will be valuable as the firm expands across regions, industries and types of advisory work. The pace of deals probably will quicken because of an improving economy, low interest rates, more company breakups and scarce internal growth, Bok told investors last month.
Moran will be based in New York and serve as a managing director. Robert Greenhill, 77, is chairman of the firm that bears his name and a former president of Morgan Stanley.
Greenhill hired Goldman Sachs Group Inc.’s Rodrigo Mello in February as managing director for Brazil. In October, it disclosed the hiring of Daniel Wainstein, a former partner and chairman of Goldman Sachs’s Brazil investment-banking business, to set up its first South American branch in Sao Paulo.
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