David Erickson is currently a Senior Fellow and Lecturer in the Finance Department and Co-Director of the Stevens Center for Innovation in Finance. David is also a Lecturer in Law at Penn Law/University of Pennsylvania Law School.
In addition to his responsibilities at Wharton, David acts as a consultant to both private and public companies on capital markets, corporate governance, and exploring strategic alternatives. He was also an operating partner at Bessemer Venture Partners, one of the leading global venture capital firms, and an advisory board member of Accompany, a relationship intelligence technology company (acquired by Cisco Systems, May 2018).
After over 25 years on Wall Street, David retired in 2013. Most recently, he was co-head of global equity capital markets at Barclays. He was responsible for all of their corporate equity capital raising globally including all IPOs, follow-ons, private placements, and convertibles, as well as equity derivatives. As part of his responsibilities, David was a member of the firm’s investment banking operating committee and equity capital commitment committee. Prior to Barclays’ acquisition of Lehman Brothers’ US broker-dealer in 2008, David was head of global equity capital markets at Lehman. In 2004, he was named Lehman’s head of U.S. equity capital markets. Lehman was awarded International Financing Review’s “2005 U.S. Equity House of the Year” and “U.S. Equity-Linked House of the Year” for its equity capital markets success. Prior to 2004, David also had equity capital markets sector responsibilities for Technology, Internet, Media, Consumer & Retail, and Industrials. Early in his investment banking career, David also ran Bankers Trust International’s London-based investment management business. Before becoming an investment banker, David worked as a vice president at a Boston-based strategic consulting firm that focused on the investment banking industry.
Since retiring from Wall Street, David has been a guest lecturer on capital markets, corporate governance, and entrepreneurial finance at the business schools of Stanford and Kellogg and Northwestern Law School. Previously, David served on the board of trustees of My Money Workshop, a non-profit organization focused on improving financial literacy; the leadership council of AmeriCares, a global emergency response and health non-profit organization; and the board of trustees of CancerCare, a leading national non-profit organization that provides assistance to those impacted by cancer.
David has a BBA from Iowa State University and an MBA from Boston University.