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Former Player and banking executive Chris Lambert joins the team as new Vice President of Business Development
New York, June 6 – Major League Baseball Players, Inc., the business arm of the Major League Baseball Players Association, today announced the addition of former Major League Player and banking executive Chris Lambert. Lambert joins the team in a newly created role of Vice President of Business Development, where he will be responsible for identifying, creating and executing new business growth opportunities across multiple categories, with a focus on monetizing IP beyond the traditional sponsorship and licensing verticals. The position will report to Shawn McDonald, Senior Vice President of Business & Legal Affairs for MLB Players, Inc.
“The ability to work with our incredibly talented Players present tremendous business prospects for our organization. Chris’ extensive business acumen along with his playing experience position him perfectly to help us realize these opportunities,” said MLB Players, Inc. Managing Director Evan Kaplan. “This key addition underscores our commitment to our members and maximizing their value.”
Lambert, 41, was the 19th overall pick by the St. Louis Cardinals in the 2004 MLB draft. He made his Major League debut in 2008 with Detroit and spent two seasons in the majors as a pitcher with the Tigers and Baltimore Orioles.
Before joining MLB Players, Inc., Lambert was an investment banker for over 10 years. He most recently worked as director in the technology, media, and telecom investment banking group at Citi, where he advised numerous companies on buy-and sell-side M&A mandates, public and private offerings, and debt and equity transactions. He was also involved in several prominent technology transactions.
Lambert played baseball at Boston College and graduated with a bachelor’s degree in economics before receiving his MBA from the NYU Stern School of business. A New Hampshire native, he lives in Brooklyn, N.Y., with his wife and two children.