NEW YORK, June 3, 2011 /PRNewswire/ -- Rothschild has appointed former Colgate-Palmolive Company Vice Chairman Steve Patrick as a Senior Adviser to the business.
Mr. Patrick will work closely with Rothschild's M&A and financing advisory teams, with a strong focus on supporting clients in the consumer and retail sector.
Rothschild's Chief Executive Officer, Nigel Higgins, said Mr. Patrick's appointment would further bolster the firm's standing in the global consumer and retail sector.
"We are delighted Steve has joined us. His extensive business experience will be of great benefit to our clients both in the US and globally," Mr. Higgins said.
"Our business is focussed on delivering impartial, expert financial advisory and execution services, and we are very pleased to have someone of Steve's calibre to support our clients around the world."
Mr. Patrick said he was pleased to join one of the world's foremost financial institutions.
"Rothschild is known as a world leader in the provision of financial advice. I'm very pleased to be an adviser to a company that delivers truly independent and creative financial solutions to organisations throughout the world," Mr. Patrick said.
Mark Semer, + 1 212 521 4800
NOTES TO EDITORS
Steve Patrick's biography
Steve Patrick retired from the Colgate-Palmolive Company in March 2011.
Steve joined Colgate-Palmolive in 1982 as Manager, Financial Reporting after having been a manager at PricewaterhouseCoopers. In 1984, he was promoted to Controller for Colgate's International Business Development Group. Two years later, he became Vice President, Finance for Colgate's operations in Canada.
In 1988, Steve returned to New York as Vice President of Finance for Colgate's Latin American operations. In 1990, he assumed the position of General Manager, Euro Export and North Africa, with responsibility for directing the significant and rapid business growth opportunities in these regions. Three months later, he was promoted to Vice President and Corporate Controller.
In 1996, Steve was appointed Chief Financial Officer. He retired as Vice Chairman in March 2011.
Steve holds a bachelor's degree from the City University of New York and a master's degree from the University of Rhode Island. He is a C.P.A. in the state of Connecticut, and a member of the Financial Executives Institute, the Financial Women's Association, and is a Director of Arrow Electronics, Inc. He served for six years as Vice President of the Financial Accounting Foundation which oversees the Financial Accounting Standards Board.
Rothschild is a worldwide financial advisory firm with a 200 year history. We are family-controlled and independent. There are four main arms to our business: Global Financial Advisory, Merchant Banking, Wealth Management and Institutional Asset Management.
Our Global Financial Advisory division provides impartial, expert advisory and execution services to corporations, governments, institutions and individuals. We deliver the highest quality advice with discretion, integrity and insight in the areas of M&A and strategic advisory and financing advisory.
Senior advisory bankers lead every assignment from start to finish, so all clients benefit from our collective intellectual capital, specialist expertise and wealth of experience. With 1,000 advisers based in 40 countries, our scale, reach and local knowledge enable us to develop relationships and deliver effective solutions to support our clients worldwide.