Top Citigroup Executive to join Elliot Management as Chief Operating Officer

June 10th, 2015
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Activist Hedge Fund Elliot Management announced that Zion Shohet, a high ranking Citigroup executive, is joining as the new chief operating officer. In the new role, Mr Shohet will be in charge of operations, finance and accounting, IT infrastructure and applications, and physical and cyber security. Mr Shohet will report to the Jon Pollock, chief investment officer, and sit on the firm’s management committee.

Elliott was founded in 1977 by co-chief investment officer Paul Singer. The firm maintains an activist investment strategy and invests primarily in corporate, real estate, and sovereign debt

Mr Shohet was at Citi for 14 years where he most recently served as Executive Vice President of Citi’s firm-wide response to Financial Regulation reform. Previous to this role, Mr Shohet was Chief Operating Officer of Citi’s Institutional Clients Group and a member of Citi’s Senior Leadership Committee.

Mr Shohet replaces Keith Horn, who is departing the firm after 12 years.

Elliott currently sits at number 12 on HedgeTracker's Top Activist Hedge Fund List.
For Detailed Investor Profiles on these Investors, click below:
Elliott Management Corporation
Related People: Brian Miller*; Gordon Singer; Jon Pollock; Paul Singer
Related Entities: Elliott Associates; Elliott International; Elliott Management Corp
Related Article Tags: Shareholder Activists, Corporate Raiders and Proxy Battles

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