 Patricia Figueroa |
Patricia Figueroa, who headed investor relations at Alcoa spin-off Arconic Inc, has joined Gladstone Place Partners, financial PR shop, as senior VP.
At Arconic, she developed and implemented its post-separation IR strategy and fended off a proxy fight with activist investor Elliott Management, a battle that led to the reshuffling of the aluminum/titanium parts supplier’s board and resignation of its CEO.
Previously, Figueroa did a four-year stint at Alcoa, handling IR and financial planning/analysis duties. She also worked at Blue Heron Research Partners, hedge/private equity fund researcher in New York, and Kenworth Olmeca Maya (truck dealership in five Mexican states).
Steve Lipin, GPP CEO, expects clients to benefit from Figueroa’s combination of “deep understanding of the investment community" and "real-world experience of handling a range of complex strategic issues.
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Joele Frank works for Klöckner Pentaplast as the German maker of plastic films declares Chapter 11. A successful reorganization would slash its its corporate debt by $1.5B.
Teneo represents Metsera, the New York City biotech focused on weight-control products, which is subject to a bidding war between heavyweights Novo Nordisk and Pfizer.
Haggie Partners is working the $7B takeover of the specialty insurer Convex by Canada’s Onex private equity fund and American International Group.
WPP reported Q3 revenues less pass-through costs tumbled 5.9 percent to $3.3B, a performance new CEO Cindy Rose called “unacceptable.”
