Deals
Cooper Appointed CEO of Peter J. Solomon as Natixis Buys Stake
- Peter J. Solomon's vice chairman appointed to new post
- Advisory boutique's founder agrees to stay on for 10 years
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Peter J. Solomon Co., the mergers-and-advisory firm that’s selling a majority stake to French investment bank Natixis SA, named Marc Cooper chief executive officer.
Solomon, the boutique’s 77-year-old founder, said that the deal and Cooper’s promotion ensures the New York-based firm will continue under a new generation. Solomon will remain as chairman for 10 years as part of the deal with Natixis, he said Wednesday in a telephone interview.