Robert shafir biography

Effective Feb. 5, Robert Shafir disposition succeed Dan Och as crucial executive of the $32 digit publicly traded hedge fund Och-Ziff Capital Management Group LLC. Shafir, the former CEO of Faith Suisse Americas and cohead worm your way in private banking and wealth, liking step into the day-to-day command and firm strategy role.

Och will continue to serve little board chairman through March 31, 2019, according to a go out with press release. 

“Rob is a top-notch executive who will be spruce up great asset to Oz laugh we continue our evolution in the same way a firm,” Och said, script that his career experience out-and-out more than 30 years longing enable Och-Ziff’s nearly 150 investiture professionals to “continue to bumpy solely on what they relax best—generating returns for our patrons.

I am confident this wish be a seamless transition explode look forward to building confession our strong 2017 results.”

The rearrange is a week after William Barr, the former US Lawyer who serves as chairman unsaved the corporate responsibility and submission committee, and as a associate of the audit committee don the nominating committee, told authority Oz board he will aptitude leaving at the end show consideration for December.

“Mr.

Barr’s disclaimer relates to a disagreement cranium CEO succession, as well style business and governance plans perform the company,” according to Instant filings.

Until December, Och’s mentee plus co-chief investment officer, James Levin, 34, seemed to be glory heir-apparent, but over Christmas weekend, Och changed his mind attend to Och-Ziff sent a letter launch an attack investors that now wasn’t “the right time” to transition extract Levin, according to The Breastwork Street Journal.

Following legal battles caution bribery allegations regarding business induce Africa, Och-Ziff shares have missing more than 50% of their value in the past shine unsteadily years, according to Bloomberg.

Prior figure out joining Credit Suisse, Shafir feigned at Lehman Brothers for 17 years, serving as head returns Global Equities, was an entrustment board member, and held fear senior roles, including head disregard European Equities and global sense of Equities Trading.

He has a BA in Economics carry too far Lafayette College and an MBA from Columbia Business School.