Goldman dealmaker retires
GOLDMAN SACHS has promoted David “Dusty” Philip to co-head of investment banking for industrial companies, as incumbent George Mattson retires.
Philip will work alongside fellow co-head Alex Dibelius, with Mattson staying on for an unspecified handover period, Goldman said in a memo.
Philip was previously co-head of Americas mergers and acquisitions.
New York-based Mattson, who has been with the bank for 18 years, started as an associate in investment banking before being made partner and head of the global industries group in 2002.
He advised Tyco last year on its break-up and United Technologies on its $16.5bn bid for Goodrich.
The bank has also promoted Clare Scherrer, head of the industrials group in EMEA, to the additional role of chief operating officer of the global industrials group.