Lee Westerfield joins Business Services & Media Group of BMO Capital Markets as Managing Director.
BMO Capital Markets, the investment and corporate banking arm of BMO Financial Group. Westerfield, based in New York, brings deep knowledge to the company’s investment banking team gained from his 16 years of experience in media. For more than a decade, Lee has held senior equity analyst positions covering the media sector.
Since 2004, Lee covered U.S. broadcasting, publishing and Internet media companies within BMO Capital Markets Equity Research. Previously, he held similar senior equity analyst roles at UBS and its predecessor PaineWebber.
“We expect the broadcasting industry to go through a major restructuring, with a significant rebalancing of companies’ businesses and balance sheets,” says Susan Wolford, head of Business Services & Media Group, BMO Capital Markets.
“Lee’s in-depth industry knowledge, combined with the structuring product knowledge of our M&A group, including our recent hire David Sawyer, as head of our U.S. Restructuring Group, will help our media and financial sponsor clients capitalize on new and exciting opportunities.”
L.D.