Oppenheimer Hires Christian Baetz As Managing Director, Consumer Investment Banking

Rhea-AI Summary

Oppenheimer & Co. Inc., a subsidiary of Oppenheimer Holdings (NYSE: OPY), has announced the appointment of Christian Baetz as Managing Director in their Consumer Investment Banking Group. Baetz, who brings over 15 years of investment banking experience, will be based in New York and report to Michael Cella, Managing Director and Group Head of U.S. Consumer Investment Banking.

Baetz's focus will be on partnering with growth-oriented companies in Consumer Services and Retail. His expertise includes middle market M&A, having worked with numerous companies in the Consumer and Retail sectors. Prior to joining Oppenheimer, Baetz served as a Director in the Mergers & Acquisitions group at Bank of America and has also worked at UBS Investment Bank and The Royal Bank of Scotland.

This strategic hire demonstrates Oppenheimer's commitment to enhancing its investment banking capabilities across sectors and regions, particularly in the Consumer sector.

Positive

• Appointment of Christian Baetz as Managing Director, bringing 15+ years of investment banking experience
• Strengthening of Consumer Investment Banking Group with focus on growth-oriented companies
• Expansion of middle market M&A capabilities in Consumer Services and Retail sectors
• Enhancement of Oppenheimer's investment banking capabilities across sectors and regions

Negative

• None.

News Market Reaction

-0.50%

1 alert

-0.50% News Effect

On the day this news was published, OPY declined 0.50%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

NEW YORK, Oct. 15, 2024 /PRNewswire/ -- Oppenheimer & Co. Inc. (Oppenheimer) — a leading investment bank, wealth manager and a subsidiary of Oppenheimer Holdings (NYSE: OPY) — announced today that Christian Baetz joined the firm as a Managing Director in the firm's Consumer Investment Banking Group. He will be based out of Oppenheimer's New York office and report to Michael Cella, Managing Director and Group Head of U.S. Consumer Investment Banking. His focus will be on partnering with growth-oriented companies in Consumer Services and Retail.

"We are thrilled to welcome Christian to the team," Cella said. "He brings a strong background in middle market M&A, having worked with many growth-oriented companies within the Consumer and Retail sectors. His skill set and industry relationships will help us accelerate growth and further enhance Oppenheimer's reputation in the space."

Baetz has over 15 years of investment banking experience, both domestically and internationally, having worked in the U.S. and Germany. Most recently, he served as a Director in the Mergers & Acquisitions group at Bank of America, where he was integral to originating and executing a wide range of middle market M&A transactions.

Before his decade-long tenure there, Baetz worked in the investment banking divisions of UBS Investment Bank and The Royal Bank of Scotland. He earned his Master's of Business at the University of Bayreuth in Germany.

"Christian's expertise in M&A as well as his keen understanding of the European market make him a valuable addition to the Consumer team," said Robert Lowenthal, President of Oppenheimer and Head of Investment Banking. "His hire demonstrates our ongoing commitment to advancing Oppenheimer's investment banking capabilities across sectors and regions."

"I am excited to join Oppenheimer and contribute to the growth of the firm's Consumer coverage," Baetz said. "This is an exciting opportunity to work alongside a talented team, leverage my investment banking experience, and drive success for our clients. I look forward to building on Oppenheimer's strong foundation and expanding our reach within the dynamic Consumer sector."

Oppenheimer & Co. Inc.
Oppenheimer & Co. Inc. (Oppenheimer), a principal subsidiary of Oppenheimer Holdings Inc. (OPY on the New York Stock Exchange), and its affiliates provide a full range of wealth management, securities brokerage and investment banking services to high net-worth individuals, families, corporate executives, local governments, businesses and institutions.

Media Contact:
Joseph Kuo / Michael Dugan
Haven Tower Group LLC
424 317 4851 or 424 317 4852
jkuo@haventower.com or mdugan@haventower.com

 

View original content:https://www.prnewswire.com/news-releases/oppenheimer-hires-christian-baetz-as-managing-director-consumer-investment-banking-302273776.html

SOURCE Oppenheimer & Co. Inc.

FAQ

Who is Christian Baetz and what is his new role at Oppenheimer (OPY)?

Christian Baetz has been hired as Managing Director in Oppenheimer's Consumer Investment Banking Group. He will focus on partnering with growth-oriented companies in Consumer Services and Retail, reporting to Michael Cella, Managing Director and Group Head of U.S. Consumer Investment Banking.

What experience does Christian Baetz bring to Oppenheimer (OPY)?

Christian Baetz brings over 15 years of investment banking experience, both domestically and internationally. He previously served as a Director in the Mergers & Acquisitions group at Bank of America and has worked at UBS Investment Bank and The Royal Bank of Scotland.

How does Christian Baetz's appointment align with Oppenheimer's (OPY) strategy?

Baetz's appointment demonstrates Oppenheimer's commitment to advancing its investment banking capabilities across sectors and regions. His expertise in M&A and understanding of the European market are expected to contribute to the growth of the firm's Consumer coverage and expand its reach within the Consumer sector.

What is the significance of Christian Baetz joining Oppenheimer (OPY) for the Consumer Investment Banking Group?

Baetz's strong background in middle market M&A and experience with growth-oriented companies in the Consumer and Retail sectors are expected to help accelerate growth and enhance Oppenheimer's reputation in the space. His skill set and industry relationships are seen as valuable additions to the team.