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Citi hires Ryan Beaupré as MD in consumer and retail investment banking push

Created at 11 Jun · 5:12 PM1 source↑ Market-relevant
IN SHORT

Citigroup has hired Ryan Beaupré as a managing director to bolster its consumer and retail investment banking group. Beaupré will focus on the food and drug retail, convenience, and food distribution sectors, reporting to Stacia Ryan, Citi's head of consumer and retail.

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Key Numbers

$65 billionvalue of Unilever food business acquisition

Who's Involved

Ryan Beaupré
Managing Director at Citigroup, consumer and retail investment banking
Citigroup
Financial institution making strategic hires
Stacia Ryan
Citi's head of consumer and retail
Andrew Conway
Global chair of consumer and retail investment banking at Citigroup
UBS
Previous employer of Ryan Beaupré
Credit Suisse
Previous employer of Ryan Beaupré
McCormick
Client advised by Citi on acquisition
Unilever
Seller of food business in $65 billion deal

↳ Why This Matters

Citigroup is actively expanding its investment banking capabilities in the consumer and retail sectors through key hires, signaling a strategic focus on growth and market share expansion in this area.

Key facts

  • Citigroup has hired Ryan Beaupré as a managing director in its consumer and retail investment banking group.
  • Beaupré will be responsible for coverage across the food and drug retail, convenience, and food distribution sectors.
  • He joins Citi from UBS, where he covered consumer and retail verticals, and previously spent nearly a decade at Credit Suisse.
  • Beaupré will start in September and report to Stacia Ryan, Citi's head of consumer and retail.
  • This hire follows Citi's recent appointment of Andrew Conway as global chair of consumer and retail investment banking.
  • Citi recently advised McCormick on its $65 billion acquisition of Unilever's food business.

Citigroup has appointed Ryan Beaupré as a managing director to bolster its consumer and retail investment banking division, according to a memo confirmed by a Citi spokesperson. Beaupré, who will join the New York office in September, will lead coverage across the food and drug retail, convenience, and food distribution sectors.

Beaupré brings significant experience from his previous roles, including as a managing director at UBS where he covered consumer and retail verticals, and nearly a decade at Credit Suisse. He will report to Stacia Ryan, Citi's head of consumer and retail.

This strategic hire follows Citigroup's recent appointment of Andrew Conway as its global chair of consumer and retail investment banking. The bank's commitment to strengthening its consumer and retail franchise is underscored by Beaupré's deep client relationships and sector expertise, according to Ryan.

Citigroup's recent advisory work includes playing a role in spice-maker McCormick's $65 billion agreement to acquire Unilever's food business, marking one of the year's largest consumer deals.

Frequently asked questions

Ryan Beaupré is a newly hired Managing Director at Citigroup, specializing in consumer and retail investment banking. He previously worked at UBS and Credit Suisse.

Citigroup is strengthening its consumer and retail franchise by hiring experienced professionals like Ryan Beaupré and Andrew Conway to expand its market share and client coverage.

Beaupré will drive coverage across the food and drug retail, convenience, and food distribution sectors.

Citigroup advised McCormick on its $65 billion agreement to acquire Unilever's food business.

What Happens Next

01Ryan Beaupré will join Citigroup's New York office in September.
02Beaupré will begin driving coverage across specific retail sectors.

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Cadence

How It Developed

Citigroup hired Ryan Beaupré as a managing director for its consumer and retail investment banking group.
Beaupré will cover the food and drug retail, convenience, and food distribution sectors.
He previously worked at UBS covering consumer and retail verticals and spent nearly a decade at Credit Suisse.
Beaupré will join Citi's New York office in September and report to Stacia Ryan.
Citi also recently hired Andrew Conway as global chair of consumer and retail investment banking.
Citi advised McCormick on its $65 billion acquisition of Unilever's food business.

Sources

T1
Citi hires Ryan Beaupré as MD in consumer and retail investment banking pushReuters via PiQSuite

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