Barclays appoints Cathy Leonhardt as Global Head of Retail within Investment Banking

Barclays appoints Cathy Leonhardt as Global Head of Retail within Investment Banking (Photo: Business Wire)

Ms. Leonhardt has more than 28 years of investment banking experience, advising management teams and boards on strategically significant domestic and cross-border transactions in the consumer and retail sectors. She joins Barclays from Solomon Partners, where she was a partner and co-head of Consumer Retail Investment Banking. Ms. Leonhardt joined Solomon Partners in 2003 and advised on transactions in the retail, apparel and consumer sectors, including the divestiture of Warners and Heritage Brands by PVH, the divestiture of Rag & Bone, PVH’s acquisitions of Tommy Hilfiger and Warnaco Group, and Walmart on the divestiture of its DTC brands in 2023.

Prior to joining Solomon Partners, Ms. Leonhardt was a Vice President at Morgan Stanley in their M&A Group beginning in 1996. There, she advised on the acquisition of Land’s End by Sears, the acquisition of Tommy Europe by Tommy Hilfiger Corporation, the acquisition of McNaughton by Jones Apparel, the merger of Monsanto and Pharmacia, the spin-off of The Timber Company by Georgia-Pacific to Plum Creek, and the sale of Donna Karan’s beauty business to Estée Lauder. Ms. Leonhardt began her career at Wachovia in 1992 in their U.S. Corporate Banking Group.

“As the consumer and retail sectors continue to evolve and experience an accelerating pace of change, our clients depend more than ever on Barclays for strategic advice and seamless execution,” said Lowell Strug, Global Head of Consumer and Retail Group. “As a strategic addition to our investment banking practice, Cathy’s deep relationships in the consumer and retail sectors, combined with her extensive transaction experience and proven leadership skills, will be of tremendous value to our clients and colleagues.”

“The Consumer and Retail space represents a critical opportunity for our investment banking business and the team has consistently delivered strong results in the sector in recent years, playing a key role in a number of significant transactions,” added Taylor Wright, Global Co-Head of Banking. “Cathy will ensure we build on our business strengths and momentum, and continue to drive client sentiment and market share. We are delighted to welcome Cathy to Barclays.”

About Barclays

Barclays is a British universal bank. We are diversified by business, by customer and client types, and by geography. Our businesses include consumer banking and payments operations around the world, as well as a leading, full-service, global corporate and investment bank, all supported by our services business, which provides technology, operations and functional services across the Group. For more information about Barclays, please visit our website at home.barclays.

About Barclays Corporate and Investment Bank

Barclays Corporate and Investment Bank comprises Investment Banking, International Corporate Banking, Global Markets and Research businesses. It provides services and advice to asset managers, financial institutions, governments, supranationals and corporate clients for their financing, strategic and risk management needs. For more information about Barclays Corporate and Investment Bank, please visit our website at www.cib.barclays.

View the source version on businesswire.com: https://www.businesswire.com/news/home/20240903691737/en/

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