Oct 17 Moelis & Company has hired
seasoned executive Shlomo Yanai, most recently of Teva
Pharmaceutical Industries, to join the firm as a
senior advisor, according to an internal memo obtained by
A spokesman for the bank confirmed the contents of the memo.
The hiring underscores Moelis's continued efforts to
strengthen and broaden its client relationships by hiring
veteran executives. A year ago, it appointed British businessman
Charles Allen as advisory chairman based in London.
Yanai worked as president and CEO of Teva from 2007 to 2012.
Before Teva, he served as CEO and president of Israeli crop
protection company, Adama Agricultural Solutions Ltd.
Yanai's board memberships include positions on the boards of
pharmaceutical companies Cambrex Corp, Perrigo Company
Plc and Protalix BioTherapeutics Inc.
"Throughout his career as an executive and board member,
Shlomo has developed significant M&A experience" Moelis Chairman
and CEO Ken Moelis said in a statement.
"His deep relationships with multinational companies in the
healthcare, industrials, technology, and business services
sectors will provide exceptional benefit to our clients across
(Reporting by Lauren Hirsch in New York; Editing by Sandra