Rich is a Managing Director in Lazard’s Shareholder Advisory group, where he leads the European practice for advising corporate clients on preparing for, and responding to, shareholder activism, unsolicited approaches and other related matters. He joined Lazard in 2006 as part of the Industrials group, where he provided advice to clients on a broad range of topics including M&A, restructuring and capital structure related decisions.
Selected recent European advisory experience includes: Capgemini on its acquisition of Altran, Kirkbi (LEGO family) in its acquisition of Merlin Entertainment (ValueAct investment), Pernod Ricard in its negotiations with Elliott, EDP’s Supervisory Board in relation to Elliott’s white paper, Hammerson in its settlement with Elliott, AkzoNobel on its defense from PPG’s unsolicited offer and its negotiations with activist shareholder Elliott and Rolls-Royce on its settlement with ValueAct. Selected US advisory experience includes Forest City on the collapse of its dual class share structure and its negotiations with Land & Buildings and Scopia Capita, Buffalo Wild Wings on proxy contest with Marcato and Xerox on its settlement with Icahn Associates and its separation into two businesses.
He also has broad experience outside of the Shareholder Advisory group, primarily in the Industrials sector. Rich advised Dow on its merger with DuPont, RockTenn on its merger with MeadWestvaco, TI Automotive on its sale to Bain Capital, Knauf on its acquisition of Guardian Insulation, ArcelorMittal on its acquisition of ThyssenKrupp’s Steel USA business and Domtar on its acquisition of Indas.
Rich also assists a broad range of clients on their corporate preparedness on a confidential basis.
Following his graduation from the United States Military Academy (B.S. in Mathematics, B.S. in Mechanical Engineering), Rich was an officer in the U.S. Army for six years, after which, he attended Harvard Business School prior to joining Lazard.