Key Takeaways
- • Citadel hired three senior fixed income executives from Lehman Brothers—Timothy Bryan Wilkinson (head of fixed income proprietary trading), John Alexander Goodridge (senior prop trader), and Alex Maddox (managing director of securitized products)—to strengthen global fixed income capabilities.
- • Wilkinson and Goodridge join Citadel's proprietary trading group, while Maddox becomes head of securitized products in Europe, all reporting to Patrick Edsparr, recently appointed head of global fixed income and CEO of Citadel Europe.
- • The three hires represent part of Citadel's broader international expansion strategy, following the recent addition of former Merrill Lynch executives Tobia Gehrke and Anita Nasser to lead capital development efforts across Europe, the Middle East, and North Africa.
- • Maddox brings 14 years of Lehman experience and established the bank's mortgage trading desk, while Wilkinson previously worked as a European bond option market maker at Merrill Lynch, adding diversified market-making expertise to Citadel's fixed income platform.
Summary
Citadel Investments announced the recruitment of three senior fixed income professionals from Lehman Brothers, a strategic move designed to expand the Chicago-based hedge fund's capabilities in global fixed income markets during a period of significant industry disruption. The three executives—Timothy Bryan Wilkinson, John Alexander Goodridge, and Alex Maddox—bring substantial experience in proprietary trading and securitized products.
Wilkinson, who served as head of fixed income proprietary trading at Lehman, joins Citadel's proprietary trading group alongside Goodridge, a senior prop trader at Lehman. Prior to his tenure at Lehman, Wilkinson held a position as a European bond option market maker at Merrill Lynch. Goodridge previously worked as a senior fund manager at Shooter Fund Management in London. Maddox, the third executive, was named head of securitized products for Citadel's European operations. During his 14 years at Lehman, Maddox held the rank of managing director and established the firm's mortgage trading desk.
All three executives report to Patrick Edsparr, who recently joined Citadel as head of global fixed income and chief executive of Citadel Europe. This reporting structure underscores Citadel's commitment to building an integrated European fixed income platform under unified leadership. The hires represent part of a broader pattern of international talent acquisition. Last month, Citadel added former Merrill Lynch executives Tobia Gehrke and Anita Nasser to lead capital development efforts across Europe, the Middle East, and North Africa, demonstrating the firm's systematic approach to strengthening its global footprint.
Edsparr commented on the recruitment effort: "Citadel continues to attract top talent from across the industry as we strengthen our business on a global scale." The statement reflects the firm's positioning to capitalize on opportunities arising from disruption in the financial services sector, particularly at Lehman Brothers, which faced severe operational challenges during this period.
Wilkinson, who served as head of fixed income proprietary trading at Lehman, joins Citadel's proprietary trading group alongside Goodridge, a senior prop trader at Lehman. Prior to his tenure at Lehman, Wilkinson held a position as a European bond option market maker at Merrill Lynch. Goodridge previously worked as a senior fund manager at Shooter Fund Management in London. Maddox, the third executive, was named head of securitized products for Citadel's European operations. During his 14 years at Lehman, Maddox held the rank of managing director and established the firm's mortgage trading desk.
All three executives report to Patrick Edsparr, who recently joined Citadel as head of global fixed income and chief executive of Citadel Europe. This reporting structure underscores Citadel's commitment to building an integrated European fixed income platform under unified leadership. The hires represent part of a broader pattern of international talent acquisition. Last month, Citadel added former Merrill Lynch executives Tobia Gehrke and Anita Nasser to lead capital development efforts across Europe, the Middle East, and North Africa, demonstrating the firm's systematic approach to strengthening its global footprint.
Edsparr commented on the recruitment effort: "Citadel continues to attract top talent from across the industry as we strengthen our business on a global scale." The statement reflects the firm's positioning to capitalize on opportunities arising from disruption in the financial services sector, particularly at Lehman Brothers, which faced severe operational challenges during this period.
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