New York investment bank JEGI announced it has hired Doug Stowe as executive vice president of its Professional Services Group. Stowe previously served as an executive director in the investment banking group at Oppenheimer & Co for eight years.
JEGI welcomes Doug Stowe as executive vice president, professional services group
JEGI is pleased to announce that Doug Stowe, a senior investment banking executive, has joined the firm as Executive Vice President, Professional Services Group. In this role, Mr. Stowe will manage JEGI’s professional services team of vice presidents, associates and analysts. He will be responsible for recruiting, hiring and training the professional services team; managing the resourcing and staffing on all engagements and new business presentations; and providing key quality control oversight, with a best practices approach to client engagements.
Most recently, Mr. Stowe served as an Executive Director in the investment banking group at Oppenheimer & Co., where he spent eight years focused on team management and training, while also executing sell-side M&A transactions in the healthcare sector. As “staffer” for the healthcare group, he coordinated support team responsibilities, and managed recruiting and training for new hires.
Prior to joining Oppenheimer, Mr. Stowe worked for five years with CB Health Ventures, the venture capital affiliate of Cain Brothers investment bank, and its successor firm Health Enterprise Partners, a $150 million private equity firm currently investing from its second fund. Prior to that, he was a Business Development Manager at Internet Business Group, a UK-based technology services and seed-stage investment company.
Commenting on his new role at JEGI, Mr. Stowe said, “I am very excited to join JEGI, where I will be able to leverage my significant experience as a banker and in staffing and training with JEGI’s excellent track record across the media, marketing and technology sectors. I look forward to working with the firm’s professional services team and leadership team to further advance JEGI’s best practices approach.”
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Wilma Jordan, Founder & CEO of JEGI, noted, “We are delighted that Doug is joining our firm and leadership team. Given his deep knowledge and expertise in managing teams, recruiting, training, and resource management, as well as in executing sell-side M&A transactions, we look forward to him continuing to develop and mentor our professional services team and enhance our leadership position in the market.”
Mr. Stowe received an MBA from Columbia University and an AB from Bowdoin College, graduating cum laude.
JEGI has been the leading independent investment bank for the global media, information, marketing, software and tech-enabled services sectors for more than 28 years. Headquartered in New York, with offices in Boston and London (via its partnership with Clarity), JEGI has completed more than 600 high‐profile M&A transactions, serving global corporations; middle‐market and emerging companies; entrepreneurial owners and founders; and private equity and venture capital firms. For more information, visit www.jegi.com.