Develops and executes communications strategies for M&A, shareholder activism and crisis situations, as well as for ongoing investor relations and corporate positioning programs.
25+ years experience in banking, investor relations and investment management. Cited in Institutional Investor Magazine in 1995 as one of "America's Best Investor Relations Officers" and in 1994 for one of the years's "Investor Relations Coups."
Traveler, fitness buff, adjunct professor of Finance (co-created and co-teach an MBA course on the 2008 Financial Crisis)
Paul Scarpetta is a Partner in the New York office. Paul provides strategic communications counsel for investor relations, mergers and acquisitions, divestitures, spin-offs, IPOs, proxy fights, management changes, regulatory matters, recapitalizations, and private equity transactions.
Recent projects include advising Munich Re on corporate positioning and media relations; Wyndham Hotels and Resorts in its defense against a hostile takeover bid; TempurSealy on investor relations and its offer to acquire Mattress Firm; Chemours on the delay of its 10-K filing and related management actions; Comerica Inc. on investor relations; OneMain Financial on investor relations and its investor day; TD Bank Group on its offer to acquire First Horizon Corp.; Cigna on investor relations; Kyndryl on its spin-off from IBM; Toll Brothers on investor relations; the Board of Hudson's Bay Company on a take-private proposal; Ameriprise Financial on its investor day and corporate positioning; TCF Financial on litigation with the CFPB and on its merger with Chemical Financial; Navient Corporation on activist defense; Wyndham Worldwide on its spin-off of its hotel business; the Independent Directors of Wells Fargo on the sales practice crisis and related matters; Axa SA on its announced partial IPO of its US business; AllianceBernstein on a CEO transition; and Chubb Corporation on its acquisition by ACE Limited.
Earlier in his career, Paul was a Managing Director at Iridian Asset Management, an institutional money manager with $10 billion in assets under management, covering the financial services sector. Prior to that, he was an analyst at Ruane Cunniff & Company, an institutional money manager with $14 billion in assets under management.
Previously, Paul held a number of positions at Freddie Mac, including Vice President of Financial Planning and Shareholder Relations.
Paul holds a BS from the University of Virginia and an MBA from Northwestern University.