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Top BofA Software Banker Ron Eliasek Departs for Jefferies

2023-06-08 07:20
Ron Eliasek, a top software dealmaker at Bank of America Corp., is joining Jefferies Financial Group Inc., according
Top BofA Software Banker Ron Eliasek Departs for Jefferies

Ron Eliasek, a top software dealmaker at Bank of America Corp., is joining Jefferies Financial Group Inc., according to people familiar with the matter.

New York-based Eliasek is likely to start at Jefferies in the next few months after a standard period of leave, the people said, asking not to be identified because the matter is private. He was Bank of America’s chairman of global technology, media and telecom investment banking and global co-head of software.

Eliasek had been at Bank of America for more than 10 years, according to his LinkedIn profile. Jefferies has been on a hiring spree lately and recently brought on some senior bankers from Barclays Plc.

Industrials banker Mark Hudson has now joined others from Barclays making the move to Jefferies, said a person familiar with that matter who asked not to be identified discussing private information. Hudson has been a managing director at Barclays since September 2008, after more than 11 years at Lehman Brothers Holdings Inc., according to his LinkedIn profile.

Responding to a request for comment on Hudson’s departure, a spokesperson for Barclays said in an emailed statement, “In investment banking we announced a new leadership team in first quarter and we expect and plan for natural attrition when changes occur.”

Representatives for Bank of America and Jefferies declined to comment.

Eliasek had previously worked at banks including Royal Bank of Canada, Wells Fargo & Co. and Citigroup Inc., his LinkedIn profile showed.

(Updates with Barclays comment in fifth paragraph)