NEW YORK – 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.
Date
March 12, 2015
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1 min read