Credit Suisse appoints Takeover head
(16 April 2010 – USA) Credit Suisse has announced that Chris Young will join the Mergers and Acquisitions unit of the investment bank as managing director and head of Takeover Defence.
Mr Young has returned to banking after six years working at Institutional Shareholder Services (ISS), a private organisation providing governance research and analysis, as director of Mergers and Acquisitions and Proxy Fight.
The bank said in a statement that they are pleased to announce the appointment of Mr Young, who will join Credit Suisse as managing director and head of the Takeover Defence practice within the Mergers and Acquisitions unit at the Investment Bank.
While at ISS, Mr Young was responsible for analysing contentious M&A transactions, proxy fights and corporate governance issues and providing proxy voting and tender offer recommendations for ISS institutional investor clients.
Mr Boon Sim, global head of Mergers & Acquisitions at Credit Suisse, said that over the past six years, Mr Young has been at the epicentre of virtually every major proxy battle and contentious M&A situation.
There is no question that Credit Suisse clients who are involved in proxy fights and who face unsolicited takeover offers will benefit from Mr Young’s significant takeover experience and his understanding of how institutional shareholders react to and vote in proxy battles, Mr Boon Sim added.
Mr Young will also provide valuable insight into how institutional shareholders are likely to view proposed M&A and capital-markets transactions as well as corporate governance issues more generally, Mr Boon Sim highlighted.
The Credit Suisse Takeover Defence unit offers advice and solutions to Credit Suisse clients who find themselves the target of shareholder activism and unsolicited takeover attempts.
The bank said in a statement that they are pleased to announce the appointment of Mr Young, who will join Credit Suisse as managing director and head of the Takeover Defence practice within the Mergers and Acquisitions unit at the Investment Bank.
While at ISS, Mr Young was responsible for analysing contentious M&A transactions, proxy fights and corporate governance issues and providing proxy voting and tender offer recommendations for ISS institutional investor clients.
Mr Boon Sim, global head of Mergers & Acquisitions at Credit Suisse, said that over the past six years, Mr Young has been at the epicentre of virtually every major proxy battle and contentious M&A situation.
There is no question that Credit Suisse clients who are involved in proxy fights and who face unsolicited takeover offers will benefit from Mr Young’s significant takeover experience and his understanding of how institutional shareholders react to and vote in proxy battles, Mr Boon Sim added.
Mr Young will also provide valuable insight into how institutional shareholders are likely to view proposed M&A and capital-markets transactions as well as corporate governance issues more generally, Mr Boon Sim highlighted.
The Credit Suisse Takeover Defence unit offers advice and solutions to Credit Suisse clients who find themselves the target of shareholder activism and unsolicited takeover attempts.
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