Global Investment Banking Leadership


Brian Doyal
Managing Director
Co-Head of Global Investment Banking: toggle

Head of Healthcare Investment Banking

Brian Doyal is Co-Head of Baird’s Global Investment Banking business where he jointly oversees the firm’s global corporate finance and M&A activities. In addition, Brian is Head of Baird’s Healthcare Investment Banking team and is a member of Baird’s Investment Banking Management Committee. Previously, Brian was the Head of Services and Healthcare Investment Banking at Baird, covering a wide range of services sectors, including BPO, Customer Care, Human Capital, Information and Professional Services.

Before joining Baird in 2004, Brian worked 14 years at Credit Suisse First Boston where he was co-head of the Global Services group. From 1992 to 1994, Brian worked for the Corporate Finance group of General Electric Capital Corporation, where he was responsible for making equity investments and loans to highly leveraged companies.

Brian received a BA in Economics from Northwestern University and an MBA in Finance from the Wharton School of the University of Pennsylvania.

Brian McDonagh
Managing Director
Co-Head of Global Investment Banking: toggle

Co-Head of Global Mergers & Acquistions
Brian McDonagh

Brian McDonagh is Co-Head of Baird’s Global Investment Banking business where he jointly oversees the firm’s global corporate finance and Mergers & Acquisitions activities. In addition, Brian is Co-Head of the firm’s Mergers & Acquisitions practice, playing a senior role on many transactions involving Baird's key banking clients. He is Chairperson of the Baird's Fairness Opinion Committee.

Brian has over 25 years of experience in the global M&A market, through which he has developed extensive experience in originating and executing a broad range of strategic transactions for publicly traded, sponsor-owned and privately owned middle market companies across a wide variety of industries.

Prior to joining Baird in 2008, Brian spent almost 13 years at Wachovia Securities in Charlotte, NC, serving as Head of the Industrial Growth M&A Group and a member of the firm's Fairness Opinion Committee. He also spent over a decade in New York in the Global Mergers & Acquisitions Group of a predecessor firm to JPMorgan Chase, ultimately leading the origination and execution of domestic and cross-border advisory transactions with the firm's key industrial clients in his role as Co-Head of the Global Industrial M&A effort.

Brian received his undergraduate degree from Haverford College.

John A. Fordham
Managing Director: toggle

Chairman of Baird International
John A. Fordham

John joined Baird in 2000 and has worked in the financial services industry for over 30 years. Prior to joining Baird, he was the London Corporate Finance Partner for William Blair. He was a Managing Director and head of European Investment Banking at Alex. Brown from 1993 to 1998, and was a Managing Director and head of M&A at Hill Samuel Bank, where he worked from 1981 to 1991.

Since the early 1980s, John's principal focus has been cross-border acquisitions between the United States and Europe. In 2001, John was appointed CEO of Baird's European ECM business, which comprises Investment Banking, Equity Sales, Trading and Research. In January 2003, he relinquished the CEO position to focus actively on Baird's transatlantic M&A effort, and was also appointed Chairman of Baird International.

Randy Lyon
Vice Chairman of Baird: toggle


Randy is a Vice Chairman of Robert W. Baird & Co. Incorporated and a member of Baird's Executive Committee. He also is a member of the Management Committee of Baird's Global Investment Banking group. Before joining Baird in 2006, he was a Managing Director and Head of Chicago Investment Banking for Lehman Brothers. Prior to that he was head of the Chicago offices of JPMorgan & Co. and The First Boston Corporation. Randy worked for First Boston in New York and London before moving to Chicago in 1982. Randy has acted as financial advisor to companies in a broad range of industries and has extensive experience in mergers and acquisitions and a wide range of debt and equity transactions for clients.

A graduate of Princeton University and The Darden School at The University of Virginia, Randy is a member of The Commercial Club of Chicago and The Economic Club of Chicago. He currently serves as a Director of Teach for America-Chicago and a Trustee of Woodberry Forest School. In addition, Randy is a former Trustee of both The Chicago Symphony Orchestra Association and Ravinia Festival Association.

David M. Silver
Managing Director: toggle

Head of European Investment Banking
Head of European Mergers & Acquisitions
David Silver

David is the Head of Baird’s European Investment Banking team. and a founding member of Baird’s M&A effort in Europe. He has extensive experience advising private equity clients, corporations and entrepreneurs in the United States and Europe within the industrial and business services sectors. Before joining Baird in 1998, David practiced as a corporate and banking lawyer at Berwin Leighton. He earned an MBA with distinction from London Business School and a law degree from Leeds University.

Rodney L. Jones-Tyson
Managing Director: toggle

Chief Operating Officer - Investment Banking
Rodney Tyson

Rodney currently serves as the Chief Operating Officer for Baird's Investment Banking group. Rodney joined Baird in 1998 and has been responsible for originating and executing merger and acquisition and equity financing transactions. Rodney also spent several years working in Baird's London office developing our transatlantic M&A practice.

Prior to joining Baird, Rodney worked in the consumer finance and commercial lending areas of Citibank, Chase Manhattan Bank and First Chicago NBD. He is a member of the Investment Banking Management Committee and Baird's Diversity Steering Committee. Rodney received his MBA degree from the University of Chicago Booth School of Business and holds a BS degree in Finance from the University of Maryland.

Richard F. Waid
Vice Chairman of Baird: toggle


Dick joined Baird in 2002 as Vice Chairman. In that capacity, he supports Baird's Capital Markets businesses, particularly Investment Banking and Private Equity. With over 30 years of Wall Street corporate finance experience, Dick most recently served as a Managing Director in the Investment Banking Department of Robinson-Humphrey, now part of SunTrust in Atlanta.

He joined Robinson-Humphrey in 1992 and served as head of the firm's National Real Estate, Energy and Industrial practice groups within the Investment Banking Division. While there, he helped initiate and complete more than 75 public offerings and numerous M&A and private capital assignments.

Previously, Dick was with Kidder, Peabody in New York for more than 20 years, last serving as a Senior Vice President of Corporate Finance.