FOR IMMEDIATE DISTRIBUTION
"The Automotive and Paper, Packaging and Forest Products sectors are large verticals within our Industrials business where the addition of our two new partners will give Jefferies immediate, high quality presence with a significant number of clients," commented Benjamin D. Lorello, Global Head of Investment Banking and Capital Markets at Jefferies.
"I look forward to working with Robert and Robert to continue to grow our firm's Industrials business. Their specialized experience and client relationships in the Automotive and Paper, Packaging and Forest Products sectors, respectively, will represent a major addition to our Industrials practice," commented Sean P. Sullivan, Head of Jefferies' Industrials Investment Banking Group.
Mr. Arrieta joins Jefferies from JP Morgan, where he spent 12 years in investment banking, primarily focused on coverage of the automotive sector. He received his MBA from the MIT Sloan School of Management, his MS from the Georgia Institute of Technology and his BS from Cornell University.
Mr. Bayer brings to Jefferies more than 15 years of experience in the paper, packaging and forest products sectors, including 10 years in investment banking at Bank of America Merrill Lynch primarily focused on coverage of the paper, packaging and forest products sectors. Prior to that, he spent four years in equity research, covering paper, packaging, and forest products companies. He received his BS from Drexel University.
Jefferies, a global securities and investment banking firm, has served companies and their investors for more than 48 years. Jefferies & Company, Inc. is the principal operating subsidiary of Jefferies Group, Inc. (NYSE: JEF: jefferies.com).
For further information, please contact:
Tom Tarrant, Jefferies, 203 708 5989, ttarrant@jefferies.com
Desiree Maghoo, Jefferies, 44 20 7029 8085, dmaghoo@jefferies.com
Josh Passman, CJP Communications, 212 279 3115, x203, jpassman@cjpcom.com
