does establishing a foreign office fast track your career? (finance)

Blackstone: Joe Baratta builds london office -> global head of PE

KKR: Joe Bae builds asian office -> co-CEO

Warburg Pincus: Chip Kaye builds asian office -> CEO

..

probably more examples i'm missing

 
Most Helpful

Its probably less of, build an international presence - get CEO, and more of the position you put yourself in to be trusted with a firms international expansion that gets you CEO.  

Does this make sense?

You see this in a lot of current CEOs where they were tasked with building out a large function of these large firms and then they became CEO following the expansion. 

Here are just a couple that come to mind.

Bob Igor ABC COO -> Head of Disney international operations -> CEO 

Jane Fraser Latin american Operations for CITI -> Head of US Consumer banking -> CEO

 

Yeah its more like - already a rockstar and given a ton of responsibility - continues to be a rockstar with increased responsibility - therefore becomes CEO candidate

 

Qui tenetur aut qui. Rerum delectus iste natus deserunt perferendis. Dolores cumque incidunt consequatur odit similique. Facere tenetur ipsa tenetur adipisci nam. Aliquam sunt mollitia omnis aliquid suscipit.

Amet repellendus accusantium in nisi quidem earum consequatur libero. Maiores cum ipsa aliquid aliquam perspiciatis ullam occaecati quae. Sint fuga quidem ipsum voluptas enim consequatur quae. Recusandae dolorem repellat molestias sapiente odio et. Placeat soluta maxime velit sint quia. Dolorem facilis consequatur perferendis.

Career Advancement Opportunities

June 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 17 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 19 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 97.1%

Professional Growth Opportunities

June 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

June 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (22) $375
  • Associates (94) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (69) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (149) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”