Focus Financial Partners has promoted Travis Danysh, chief corporate development officer, to chief strategy officer, a newly created role.
About a year ago, Danysh, who has been with Focus for nine years, was promoted to the corporate development role, and he’ll continue to lead that function. Prior to that, he was head of mergers and acquisitions and business development.
Danysh has overseen Focus’s consolidation strategy, the firm’s ambitious plan to consolidate about 90 independently operated subsidiaries into a handful of large firms that would operate as hubs. He’ll continue to lead those consolidation efforts as well. The firm started to execute on that plan after it went private in a sale to private equity firm Clayton, Dubilier & Rice.
In January, Focus announced a new corporate brand and brand structure for its “hub” firms, giving those businesses the Focus name.
“During his time at Focus, Travis has developed a reputation for being a leader who can translate vision into strategy and strategy into execution,” Adam Birenbaum, president of Focus Financial Partners and CEO of Focus Partners Wealth, said in a statement. “He works seamlessly across teams and functions, helping to drive alignment across the organization. As we continue to grow, evolve, and integrate, Travis’ strategic mindset will be instrumental in building a company that is stronger, smarter, and more unified.”
As part of the announcement, Danysh has also been named executive chairman of Focus’s business units in Australia and will oversee the firm’s business management unit.
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