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JP Morgan loses activism defense bankers in U.S., Europe
By Svea Herbst-Bayliss
FILE PHOTO: A J.P. Morgan logo is seen in New York City
BOSTON (Reuters) – Two senior JP Morgan Chase & Co executives responsible for defending corporate clients against activist investors who push for companies to perform better have left the bank, three sources said.
Benjamin Wilson, head of shareholder activism defense for North America resigned this month to take another job in the banking industry while Kirshlen Moodley, who was head of the practice in Europe, Middle East and Africa, left late in 2020, the sources said.
Wilson who has worked at JP Morgan since 2008 and rose through the ranks in the bank’s Mergers & Acquisitions department is moving to position at Guggenheim Partners, two sources said. ....

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