Marathon Capital Announces Senior Leadership Expansion

Appoints Ari Pribadi and David Kirkpatrick Global Co-Heads of Investment Banking Reporting to CEO and Founder, Ted Brandt

Ammad Faisal, Head of the firm’s NYC office, has been named Leader of Marathon Capital’s DCM, ECM, PCA, and Financial Sponsor coverage efforts, Jen Zhao assumes the role of Chief Operating Officer – Investment Banking, and Chris Shaw as Head of EMEA

CHICAGO--(BUSINESS WIRE)--Marathon Capital, a leading investment banking firm focused on the clean economy, today announced the promotions of five veteran leaders including David Kirkpatrick and Ari Pribadi as Global Co-Heads of Investment Banking, Ammad Faisal as Head of the firm’s NYC office in charge of Marathon Capital’s Financial Sponsor coverage efforts and Capital Markets business, Jen Zhao as Chief Operating Officer – Investment Banking, and Chris Shaw as Head of EMEA to support Marathon Capital’s international efforts while maintaining his current role of running the firm’s UK/EU business. Ted Brandt will continue in his role as Chief Executive Officer of Marathon Capital and Philippe Lavertu will continue as the firm’s Chief Financial Officer.

Under the new structure, Ammad, Jen, and Chris will report to Ari and David as they lead the day-to-day decision making and management of the banking operations from their respective offices in Chicago and San Diego/San Francisco. Ted Brandt will focus on implementing Marathon Capital’s strategic direction, including product development and innovation that will be integral to the firm’s continued international growth, while focusing on key client relationships.

“Marathon Capital’s growth over the last 25 years is symbolic of the progress experienced by the clean economy in the same time frame and driven largely by our ability to innovate our offerings to help our clients meet their objectives,” said Ted Brandt, Chief Executive Officer of Marathon Capital. “David and Ari’s appointments mark a step forward in our mission to expand our capabilities and global relationships with refreshed leadership talent. Ammad, Jen, and Chris’s elevations round out much of what has become an extraordinary management team. We are immensely grateful for their continued support in helping our clients achieve success.”

Based in Chicago, Ari Pribadi has led over 30 successful transactions across M&A, corporate finance, project finance, and offtake advisory in power and energy sectors in his 21 years with Marathon Capital. Based in San Diego, David Kirkpatrick is a corporate finance, project finance, and M&A specialist with more than 30 years of experience in the cleantech and renewable energy sectors. The executives will oversee Marathon Capital’s global Investment Banking operations and teams based across North America, Europe, and Asia.

“Ari and I are excited to lead the firm’s global investment banking practice and foster some of the clean energy industry’s most accomplished specialists in M&A, corporate finance, project finance, tax credit advisory, and offtake advisory,” said David Kirkpatrick.

Ari Pribadi added, “We look forward to enhancing the level of quality and dedication that the firm has worked so hard to establish for our clients, while continually seeking new ways to innovate across the business.”

These appointments follow the continued buildout of the firm’s growing capital markets practice, including the initiation of Marathon Capital’s equity research function led by Lead Analyst Alex Kania, and the hiring of key senior talent in growing regions like Canada and South Korea.

About Marathon Capital

Marathon Capital is the largest independent investment bank dedicated to servicing the clean economy. Throughout its 25-year history, the firm has played a pivotal role in many of the groundbreaking and transformative transactions for new and emerging sectors, consistently delivering exceptional results for its clients. The firm is a leading global financial adviser across M&A, equity capital markets, debt capital markets, tax credits, offtake, and energy transition. Marathon Capital is headquartered in Chicago, with offices in New York, Houston, San Francisco, San Diego, London, and Calgary with local presence in Madrid and Seoul.