Lead Manager
Categories: Entrepreneur, Careers, IPO
The lead underwriter in an IPO. If a company wants to start selling stocks to the public, it needs underwriters to handle all the details. Sometimes, a bunch of underwriters work together in what is known as a syndicate. The head honcho of a syndicate or group of underwriters is the lead manager.
Usually, the lead manager is a bank or underwriting firm rather than one person.