History

Akin Bay was founded in 1990 by William A. Kaynor, John P. Carroll, Jr. and James B. Rybakoff, with the goal of providing superior, customized, client specific investment banking services to publicly held, private and family owned middle market companies. From our founding, the experience of Akin Bay’s founding Senior Partners, has afforded us the competitive advantage of leveraging their 60 plus years (combined) of experience and their vast connections/ relationships.  Although Mr. Kaynor and Mr. Carroll have since retired from Akin Bay, their experience, philosophy and relationships are still in active use  at the firm. Below is a brief overview of Akin Bay’s founding partners backgrounds:

William A. Kaynor, Principal/ Co-Founder – Mr. Kaynor was an active partner in  Davis Polk & Wardwell and retired in 1988, where he had practiced law since 1952 (as partner of the firm from 1961 and a Senior Partner from 1982-1988).  Mr. Kaynor’s legal specialties included general corporate and corporate financial matters, securities law, unit investment trusts, real estate (including pioneering work in REITs) and other corporate financial transactions.  His clients included: the Bass Brothers, Morgan Stanley, J.P. Morgan, Merrill Lynch, General Motors, GE, GMAC, Continental Oil, Apple Computer (for which he worked on the original public offering) and DLJ.  Mr. Kaynor served as a director of Americana Hotels & Realty Corporation, and Segue Software, Inc.  He was a graduate of Yale University and Harvard Law School.

John P. Carroll, Jr., Chairman/ Co-Founder – Mr. Carroll was an active partner in  Davis Polk & Wardwell and retired in 1990, where he had practiced law since 1957 (as a partner of the firm from 1961 and a Senior Partner from 1982-1990).  Mr. Carroll founded the London office of Davis Polk & Wardwell in 1973 and worked on a broad range of international financial matters, including the financing of the Forties Field in the British North Sea for British Petroleum.  His legal specialty was federal income taxation. Mr. Carroll was a graduate of Cornell University and Harvard Law School.

James B. Rybakoff – President and CEO – For a full biography on Mr. Rybakoff please refer to Our Team.