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David Krap Joins Lazard as Managing Director of European Consumer Advisory

1 report, 1 independent Updated Mon 00:00
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Lazard announced the appointment of David Krap as Managing Director and Co-Head of European Consumer, Retail & Leisure. He joins the firm from J.P. Morgan & Co., where he served as Managing Director and Co-Head of Consumer & Retail EMEA. Krap brings over two decades of M&A advisory experience, specializing in food and beverage, home and personal care, and consumer health categories.

From prnewswire.com

Why it matters

Some supportBrind's analysis of the reports

The appointment supports Lazard's Lazard 2030 strategy by adding senior talent to its advisory practice. This move could increase competitive pressure on rival financial institutions in the advisory sector.

From prnewswire.com

Who's involved

  • LazardAppointed David Krap as Managing Director and Co-Head of European Consumer, Retail & Leisure.
  • J.P. Morgan & Co.Firm from which David Krap moved, where he served as Managing Director and Co-Head of Consumer & Retail EMEA.

Who could feel it

Possible knock-on effects

These are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.

  • J.P. Morgan & Co.Speculative

    J.P. Morgan & Co. might face reduced revenue in the Consumer & Retail EMEA advisory practice due to the loss of senior talent.

  • Credit SuisseSpeculative

    Credit Suisse could see weakened competitive position in financial advisory services.

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The entities involved

Coverage

Newest first; wire copies grouped