Insights

Choate Hires Financial Services Veteran Bill Power as Chief Relationship Officer

Choate, Hall & Stewart, LLP (“Choate”) announced today that William (“Bill”) Power has joined the Firm as Chief Relationship Officer. Bill arrives from Citigroup, where he served as a managing director and worked for the company for 24 years.

In this newly created role, Bill will be responsible for helping strengthen and expand Choate’s relationships with clients and prospects in each of the Firm’s core areas of practice: Private Equity/M&A, Finance and Restructuring, Life Sciences and Technology, Complex Investigations & Litigation, and Family Office Services. His prior experiences building relationships with private companies and their executives and sourcing investment opportunities to institutional investors, private equity, and venture capital firms make Bill uniquely qualified to serve in his new position at Choate.

“We are thrilled to have Bill join us. He obviously loves working with innovative companies, talented investors, and successful family offices that form the basis of our work for clients,” said Bill Gelnaw, Co-Managing Partner of Choate. “Bill has spent his career working to develop relationships and add value to clients in unique and differentiated ways, and we look forward to him doing the same for Choate."

While at Citigroup, Bill served in various customer-facing roles.  He was early to identify private companies seeking capital from institutional cross-over investors and started Citi’s private company access & advisory efforts. Prior to that he served as a senior relationship manager for Citi’s Global Markets & Trading business, where he worked with many of Citi’s largest clients.  He also served as co-head of Citi’s Institutional Equity Sales desk in Boston.

Bill is actively involved with several charitable organizations, including as a board member for the Juvenile Diabetes Research Foundation and as a mentor at Year Up. He also has served as a wish granting volunteer for the Make-A-Wish Foundation for more than 25 years.

Bill is a graduate of Boston College, holding a bachelor’s degree from the Carroll School of Management.