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Demeter Group Names New CEO

Demeter Group, a US-based investment banking firm, has named Michelle Cherrick as its new CEO.

Ms Cherrick began her investment banking career at Goldman Sachs and has since led consumer groups at Robertson Stephens, SG Cowen and, most recently Thomas Weisel Partners.

Jeff Menashe, founder and chairman of Demeter Group, said: “Michelle is a highly regarded, senior banker with extensive industry knowledge and transaction experience advising on and executing the strategic and capital needs of high growth consumer companies.

“In addition, her expertise with specialty retail, restaurant, direct marketing and ecommerce companies strongly complements our recognized expertise in the food & beverage, beauty and personal care, apparel and footwear industries.”

Ms Cherrick said: “Joining Demeter Group is the ideal opportunity for me to put the skills I have accumulated over my many years on Wall Street to work for our clients’ benefit and, as a result, further distinguish Demeter Group from competitors.”