Investment bank Greenhill hires former Couche-Tard CFO Claude Tessier

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Greenhill named Claude Tessier as its Montreal-based senior adviser, the latest Canadian appointment for the New York-based investment bank

After a career spent working on takeovers around the world, former Alimentation Couche-Tard Inc. chief financial officer Claude Tessier is joining investment bank Greenhill & Co. to advise Canadian companies with global ambitions.

Greenhill, which has 15 offices in 11 countries, established an office in Toronto in 2006 and added talent eight years ago by hiring three bankers from Goldman Sachs Group Inc. They are Steve Mayer, who is president of Greenhill Canada, Michael Nessim and Usman Masood. “An executive of Claude’s calibre brings complementary skills to our team and our clients,” Mr. Mayer said. “I’ve known Claude for over 25 years and look forward to working together to further expand our Canadian franchise and our business in Quebec.”

Many investment banks recruit former politicians as rainmaking advisers, bringing them in to help businesses negotiate with governments and regulators. Greenhill, an investment dealer focused on M&A, is taking a slightly different path by hiring a veteran CFO with operating skills who spent his career alongside bankers and lawyers, executing large transactions.

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