Investment bank Sagent Advisors has appointed Joseph Donohue and Bill Kohr as co-CEOs. Both will be succeeding Hal Ritch, the company’s co-founder, who will continue as a managing director and board chairman. All changes are effective as of today.
NEW YORK, March 12, 2015 /PRNewswire/ — Sagent Advisors, a leading independent investment bank, today announced that Joseph Donohue and Bill Kohr have been named Co-Chief Executive Officers. Donohue and Kohr are succeeding Hal Ritch, Sagent’s co-founder, who will remain actively involved at the firm, continuing as a Managing Director and Chairman of the Board.
“In May, I will celebrate my 40th anniversary in this profession. Sagent Advisors also recently celebrated its tenth anniversary. The passing of these milestones, together with many other personal and business considerations, have caused me to conclude that now is the right time for me to step down as President and CEO of Sagent Advisors,” Mr. Ritch said. “I intend to remain fully engaged as Chairman of Sagent’s Board of Directors and continue to work with my partners and clients as before in all other respects.” Continued Mr. Ritch, “Both Bill and Joe have had very successful investment banking careers, including holding senior management roles in other firms. I am confident that they will work extremely hard to continue building the firm.”
“Sagent has established itself as a premier investment bank, which has had the good fortune to serve over 400 clients,” said Mr. Kohr. “Joe and I look forward to continuing to work with Hal, and all of the partners and employees at Sagent to assist our clients in achieving their long-term goals.”
“We have started 2015 with some exciting transaction announcements and look forward to continuing that positive momentum,” commented Mr. Donohue. “This is a very exciting time at Sagent as we continue to grow our firm by remaining focused on providing clients with the highest quality advice. We look forward to continuing to work with Hal in the years to come.”
Mr. Ritch’s, Mr. Donohue’s and Mr. Kohr’s new roles began today.
About Sagent Advisors
Sagent Advisors is a leading independent investment bank focused on providing strategic and financial advice on mergers, acquisitions, sales, divestitures and private capital solutions. Sagent’s clients include leading domestic and multi-national corporations, middle market and emerging growth companies, private equity sponsors and family-owned and entrepreneur-led businesses. Sagent has completed approximately 200 transactions exceeding $60 billion in aggregate value across a broad range of industries and transactions types. Sagent provides broad industry and execution expertise through its three offices in the US and strategic partnerships with Daiwa Securities Group in Asia, DC Advisory in Europe, and IGC Partners in Latin America.
Founded in 2004, Sagent’s dedicated team of seasoned professionals is committed to the long-term success of our clients by providing original thinking, uncommon access and Pure Advice™, free of structural conflicts. For more information please visit: www.sagentadvisors.com.