Mid-market investment bank Lincoln International has promoted Jeffrey Corum, Saurin Mehta and Lucien Webb to managing director, effective immediately. These promotions expand the firm’s capabilities across several key industry groups, the firm said in its press release.
Milwaukee-based mid-market buyout firm Mason Wells has announced the appointment Thomas G. Smith to the role of executive managing director, replacing John T. Byrnes, who has held the position since the inception of the firm in 1998. As executive managing director, Smith will be responsible for day-to-day investment activities of the funds under management by Mason Wells, including the management of new investment activities and the oversight of portfolio development efforts. Byrnes will continue as executive chairman of the board and president of the firm, where he will focus on long-term strategy and personnel development. Founded in 1982 as a subsidiary of Milwaukee banking company Marshall & Ilsley Corp., Mason Wells became an independent firm in 1998.
David K. Raun has been named president and CEO at Sunnyvale, Calif.-based PLX Technology Inc., the company announced. Raun has been with PLX since 2004 and has had multiple senior executive leadership positions with the company. Multi-stage investor VantagePoint Capital Partners is the largest shareholder in the listed company.
Valet Waste has named Michael Ferris as chairman and Shawn Handrahan as CEO. Ferris is the company’s founder and current CEO. Handrahan is currently president of the company. The company, which is backed by New Mountain Capital LLC, is a provider of doorstep waste and recycling collection services.