JPMorgan Hires Cravath Lawyer for North American M&A

JPMorgan Chase & Co. hired James Woolery, a partner at the law firm Cravath, Swaine & Moore LLP, as co-head of North American mergers and acquisitions, part of management changes in the investment banking group.

Chris Ventresca, who has co-managed the North American M&A division since 2008, will remain a co-head with Woolery, who is 41, JPMorgan said in a statement today. Jimmy Elliott, who had been global M&A head for five years at JPMorgan, will focus on working with clients and hold the title of global chairman of M&A. He won’t be replaced as global head of the group.