The two mid-cap companies traded publicly on the U.S. stock exchange, Gevo Inc (NASDAQ: GEVO) & Credit Suisse Group AG (NYSE: CS), have recently announced key changes to the management. Here’s the complete story.
Gevo Inc (NASDAQ: GEVO) appoints Jaime Guillen to the Board
Gevo Inc (NASDAQ: GEVO), on August 2, 2021, announced that it appointed Jaime Guillen as a member of the Board. At present, he serves as the Managing Partner of the investment firm Faros Infrastructure Partners LLC. He also serves as the Head of Asset Management at another firm, Mexico Infrastructure Partners. Mr. Guillen brings about 30 years of work experience to the table. His areas of expertise include project development, project finance, equity investments, commercial contract negotiations, and company operations in multitudes of sectors, such as fund management, private equity, natural resources, transport, and energy. He has additionally also worked as the CEO at international firms, such as Alterra Partners. Mr. Guillen is also a board member of Polaris Infrastructure Inc. that trades on the Toronto Stock Exchange.
Credit Suisse Group AG (NYSE: CS) poaches Aly Alibhai to lead the M&A group
In another story, Credit Suisse Group AG (NYSE: CS) announced that it appointed Aly Alibhai to lead the mergers and acquisitions (M&A) group of global media and entertainment. As the bank is seeking to recover from departures, the appointment of Citigroup Inc’s Aly Alibhai is seen as one of the most significant and high-profile recent hires.
Mr. Alibhai will serve Credit Suisse at the New York office, after having spent 16 years at Citigroup, where his role included media and communications client advising. In Q2-2021, the Swiss bank Credit Suisse has suffered a drop in investment of 41%. In addition, the bank suffered lending exposure, leading to a $5.5 billion loss. As a result, several of its investment bankers left the bank.