Jessica Bibliowicz is president and CEO of National Financial Partners, a New York City-based independent financial services distribution system. She signed on as CEO when the company was formed with $125 million of capital from Apollo Management LP, a leveraged buyout firm.
Jessica is a graduate of Cornell University and the daughter of Sanford I. Weill, chairman and CEO of Citigroup. She lives with her husband and two children in Metro NY.
The biggest mistake is buying the wrong company because you really want to hit your numbers or get it done or somehow you're getting lost in the joy of the transaction and by the way, acquisitions are so much fun, you really hate to lose them. It's like exciting. It's like a game at sports. When ...(Full transcript available to logged in subscribers.).
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