"I am very pleased that Rick is taking on the position of CIB Executive Search Consultant. This position is critical to the development of the Corporate and Investment Bank in terms of maximizing our ability to recruit people of all backgrounds in senior roles," said Roche. "We are confident that with more than 20 years of investment banking experience, including more than 14 years in Fixed Income, Rick will be able to help make Wachovia the employer of choice for all identity groups."
As the CIB Executive Search Consultant, Carr will primarily focus on recruiting for senior level roles (Vice President and above) and will partner with CIB's Recruiting Team to increase the number of channels through which diverse candidates are introduced to all positions in CIB. In addition, Carr will be responsible for growing a network of contacts in key professional organizations to promote Wachovia and will continuously look for opportunities where he can play a key role marketing Wachovia to potential candidates through sponsorships and speaking engagements. Carr will be based in New York.
Prior to Wachovia, Carr was a Director and Sales Manager in the Agency and Trust Group of Global Transaction Services, within Citigroup Global Markets. Previously, he worked in Institutional Sales for Citigroup Alternative Investments and also served as Citigroup Asset Management's Alternative Product Manager. Carr spent more than 20 years at Citigroup's Salomon Smith Barney unit, where he was a Director in the Private Equity Group and Pension Services Group. Carr earned his B.E.S. from Johns Hopkins University, where he also serves as Trustee, and his M.B.A. from the University of Chicago Graduate School of Business.
Wachovia Securities is a full-service investment bank providing clients with equity, fixed income, and convertible research, financial sponsors coverage, corporate finance and mergers and acquisitions advisory services. In addition, Wachovia Securities provides such products as debt and equity financing, loan syndications, derivatives, equity investments, asset securitization, treasury services and international correspondent banking.
About Wachovia
Wachovia Corporation (NYSE:WB) is one of the largest providers of financial services to retail, brokerage and corporate customers, with retail operations from Connecticut to Florida and west to Texas, and retail brokerage operations nationwide. Wachovia had assets of $493.3 billion, market capitalization of $83.5 billion and stockholders' equity of $47.3 billion at December 31, 2004. Its four core businesses, the General Bank, Capital Management, Wealth Management, and the Corporate and Investment Bank, serve customers primarily in 15 states and Washington, D.C. Its full-service retail brokerage firm, Wachovia Securities, LLC, serves clients in 49 states and five Latin American countries. Global services are offered through 33 international offices. Online banking and brokerage products and services also are available through Wachovia.com.
Wachovia Securities is the trade name for the corporate and investment banking, institutional brokerage and securities research businesses of Wachovia Corporation and its subsidiaries, including Wachovia Capital Markets LLC, member NYSE, NASD, SIPC. Wachovia Securities is also the trade name for the retail brokerage businesses of Wachovia Corporation and its subsidiaries including Wachovia Securities, LLC, member NYSE, NASD, SIPC.
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