LONDON--(BUSINESS WIRE)--Baird, an employee-owned, international investment banking, private equity, wealth, and asset management firm, announced today that David Silver will succeed John Fordham as Head of European Investment Banking (EUIB) and Fordham will transition to the newly created position of Chairman of Baird International. Silver will oversee all of EUIB in addition to his current role leading the firm’s Business Services banking practice in Europe. Fordham will work across the firm, further developing the firm’s presence globally, extending Baird’s platform to additional international clients and exploring opportunities in new geographies across the globe.
The leadership changes, which will take full effect January 1, 2012, are a part of Baird’s broader efforts to continue its mission to be the premier middle market M&A and corporate finance adviser to private equity firms, corporates and entrepreneurs within its chosen sectors.
Baird has made significant investments to its Investment Banking business over the past few years, doubling the number of bankers and locations since 2005 to include offices in new countries such as China. With the additional expertise and reach, the firm’s global M&A advisory business has seen tremendous growth. Since 2005, Baird has served as an advisor on 103 cross border/international M&A deals – 36% of Baird’s total M&A deals in that time.
“Baird’s European banking team has been a key contributor to the business’ overall growth and success over the past several years, giving us tremendous momentum,” said Steve Booth, Co-Head of Global Equity Capital Markets and Director of Baird Investment Banking. “David’s leadership will allow us to continue that growth and John’s new role will help us extend our platform to other areas of the globe.”
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About Baird
Baird is an employee-owned, international wealth management, capital markets, private equity and asset management firm with offices in the United States, Europe and Asia. Established in 1919, Baird has more than 2,600 associates serving the needs of individual, corporate, institutional and municipal clients. Baird oversees and manages client assets of $89 billion. Committed to being a great place to work, Baird ranked number 14 on FORTUNE’s “100 Best Companies to Work For” in 2011 – its eighth consecutive year on the list. Baird’s principal operating subsidiaries are Robert W. Baird & Co. in the United States and Robert W. Baird Group Ltd. in Europe. Baird also has an operating subsidiary in Asia supporting Baird’s private equity operations. For more information, please visit Baird’s Web site at www.rwbaird.com.