NEW YORK: Frederick Hill plans to leave his post at JPMorgan Chase as EVP of marketing and communications at year's end to start his own firm, which will focus on M&A announcements and crisis communications.
The new company, FW, will begin operations in April and will be based in New York.
Hill joined Chase Manhattan in 1997 from McDonnell Douglas, where he served as SVP for communications and community relations. Prior to that, he worked as a senior corporate relations executive at Westinghouse Electric.
"I think there are a lot of very good people out there doing what I plan on doing, but I believe that the unique perspective I bring is that I've been on the inside, helping to orchestrate three major transformational transactions," noted Hill, citing Boeing's 1997 merger with McDonnell Douglas, the merger of Chase Manhattan with JP Morgan in 2000, and JPMorgan Chase's merger with Bank One in 2004.
Hill, who manages a staff of 120 people at JPMorgan Chase, said the company does not intend to fill his position after his departure.