Mitchell Scherzer is an executive vice president and chief financial officer of Hearst. He is also a member of the Hearst board of directors and is a testamentary trustee under the will of William Randolph Hearst. Scherzer is a former investment banker who has concentrated most of his 20-plus-year banking career in the communications, media and entertainment industries.
Scherzer began his career at Goldman Sachs in 1989, ultimately serving as co-head of its media group. While at Goldman Sachs, he gained experience on a range of corporate finance and M&A transactions across a variety of sectors in the media and communications industries.
Scherzer joined JP Morgan as a managing director in 2002. He went on to head U.S. Media Investment Banking, where he led JP Morgan’s investment banking initiatives in the media industry. Scherzer was a strategic adviser to industry leaders in publishing, broadcasting, cable, television, satellite, financial information and telecommunications.
Scherzer completed his undergraduate studies at McGill University and obtained a master’s degree from the Wharton School.
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