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As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens

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1

As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens

2

Surging Treasury yields expose a brutal truth: America has no margin for error on its $39 trillion debt

3

Current price of oil as of May 29, 2026
Finance

Peter J. Solomon President Leaves for Centerview

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
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January 25, 2016, 12:12 PM ET
Trading At The NYSE As U.S. Stocks Rise Amid Payroll Gains
A Wall Street sign stands outside the New York Stock Exchange (NYSE) in New York, U.S., on Friday, Jan. 8, 2016. The Standard & Poor's 500 Index fluctuated near a three-month low as energy shares followed a retreat in crude, overshadowing early optimism on China's moves to restore calm to its sinking markets and data that showed U.S. payrolls surged more than expected in December. Photographer: Michael Nagle/Bloomberg via Getty ImagesPhotograph by Bloomberg via Getty Images

Ken Berliner has quietly stepped down as president of investment bank Peter J. Solomon & Co., in order to join rival Centerview Partners.

Berliner had spent 23 years at PJSC, working on such mergers and acquisitions as Staples Inc.’s (SPLS) pending $6.3 billion purchase of Office Depot (ODP), eBay’s (EBAY) $2.4 billion deal for GSI Commerce and the $3.3 deal transaction that saw Phillips-Van Heusen’s (PVH) $3.1 billion acquire Tommy Hilfiger.

Centerview ―founded in 2006 by Blair Effron and Robert Pruzan ― has not yet publicly announced the hire, but Berliner does now appear on its website. PJSC has not yet named a successor for the president role.

Neither Berliner nor PJSC has yet responded to requests for comment.

Update: PJSC says that Berliner officially left last summer, and that his “garden leave” ended at the end of 2015. It adds that “his departure actually is part of an ongoing succession plan for our firm… Along these lines, there will be additional announcements in the comping months.”

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