Thursday, December 31, 2009
American International Group announced that Anastasia Kelly, vice chairman for legal, human resources, corporate affairs, and corporate communications, has resigned from the company, effective December 30, 2009. In addition, the company announced that Suzanne Folsom, chief compliance and regulatory officer has left to pursue other opportunities. -Business Wire
Avatar Holdings announced that Jonathan Fels has stepped down, as of December 31, 2009, as president of its community development subsidiary, Avatar Properties. Mr. Fels, who has served as president of Avatar Properties since December 1997, will pursue other opportunities consistent with his experience and expertise in the custom and semi-custom homebuilding industry. During calendar year [...]
Technology Credit Union announced that Barbara B. Kamm will be joining the organization on January 6, 2010, as its new president and CEO, replacing Ken Burns who left in May of 2009.
Kamm has had a long and accomplished career in banking, starting at First Interstate Bank in Los Angeles where she ran credit training for [...]
Joseph Pometto of Boone has been promoted to managing partner for Modern Woodmen of America.
Wednesday, December 30, 2009
CapitalSource announced that Laird Boulden will be joining the company, effective February 1, 2010, as president of corporate asset finance. He will lead an asset finance group, which will enhance the company’s historically strong asset-based lending business by focusing on equipment secured loans. Boulden has been in the business for nearly 30 years and will join [...]
Oriental Financial Group announced new responsibilities for five executives, effective January 1, 2010, including the consolidation of bank compliance and risk management under Dr. Ganesh Kumar, who continues as chief operating officer. The rest of the changes are part of a new program of periodically rotating officers to expand their experience and expertise in key areas, [...]
Investment Technology Group announced that Howard Naphtali, ITG’s chief financial officer, will retire from his position on February 3, 2010. Steven Vigliotti, the CFO of NYFIX, will become CFO of ITG on the same day.
Mr. Naphtali joined ITG in 1997 from Reuters America, where he served as senior vice president and chief financial officer as well [...]
Tuesday, December 29, 2009
KBS Realty Advisors named Brent Carroll as senior vice president and asset manager of the Southwest region. Carroll has 27 years of commercial real estate experience and most recently spent the past 11 years with Atlanta-based Industrial Developments International. -Orange County Business Journal
Dr. Tom Culhane has joined Universal Health Care Group as chief medical director. Culhane is a diplomate of the National Board of Medical Examiners and was the medical director at PeaceHealth Medical Group, Bellingham, Wash. -St. Petersburg Times (Florida)
Dona Svehla has been promoted to senior vice president of loss prevention at Grow Financial Federal Credit Union. Svehla was vice president of loss prevention. -St. Petersburg Times (Florida)
Susan J. Galli has been named senior vice president and chief risk management officer for Pacific National Bank (Miami, FL). She was most recently managing director and founder of Galli AML Advisory. -The Miami Herald
Monday, December 28, 2009
Christopher Stone has joined EPIC Ventures as a managing director. His 29-year career of creating, running and funding technology companies includes creating the organization and specification for the industry software standard CORBA and serving as executive vice chairman in the office of the CEO of Novell. He also created and implemented the Novell Venture Fund [...]
Investors Bancorp announced that Kelly Pecoraro, vice president, has been appointed chief accounting officer of the bank and the company, effective January 1, 2010. – PR Newswire
First Commonwealth Financial hired Cheryl A. Parzych as executive vice president /wealth services. -Pittsburgh Tribune Review
Thursday, December 24, 2009
Capital IQ Power Moves will resume posting stories on Monday, December 28th. Â Happy Holidays!
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Wednesday, December 23, 2009
Credit Suisse Group has appointed David Livingstone as new chief executive for its business in Australia. He will be based in Sydney.
Livingstone, who currently leads Credit Suisse’s emerging markets and East Asian mergers and acquisitions business, will lead the Australian businesses from February 2010. He will report to the Asia Pacific chief executive, Kai Nargolwala.
Livingstone, [...]
Farmers Insurance Group announced the appointment of Larry Pratt to vice president-sales.
Mr. Pratt started with Farmers in June 1990 as a sales trainee in Vancouver, Washington. While working in the Washington regional office, he gained valuable experience as a computer representative, life specialist, and regional marketing administration manager.
Mr. Pratt was promoted to Seattle division marketing [...]
Broadpoint Gleacher Securities Group announced that Brian Hogan has joined Broadpoint Capital, the firm’s investment banking division, as a managing director.
Mr. Hogan joins Broadpoint after a 17-year career with Bank of America Merrill Lynch, where most recently he was the global head of the building and construction industry group. Mr. Hogan also held positions at [...]
Janney Montgomery Scott announce the hiring of Charles E. Mather as managing director in charge of private placements and alternative capital.
As part of Janney’s investment Bank, Mr. Mather will have responsibility for the firm’s private and alternative capital raising efforts across industry sectors.
Throughout his career, Mr. Mather has invested or raised capital for his clients [...]
Sam Renwick has joined The Salter Group’s growing life sciences practice as managing director based in San Francisco.
Mr. Renwick will focus on providing a greater variety of services to life science, technology and capital market clients, including tax and financial reporting valuation opinions, fairness, solvency and other financial opinions, and transaction support services.
The Salter Group [...]
The TCW Group announced that it named Charles ‘Chuck’ W. Baldiswieler president and chief executive officer of the TCW Strategic Income Fund and the TCW Funds.
As president and chief executive officer of the Fund, Mr. Baldiswieler will be responsible for oversight of the fund’s operations.
Mr. Baldiswieler is group managing director and head of TCW’s [...]
Calamos Asset Management named Nick Calamos as president of investments and co-chief investment officer and Jim Boyne as president of distribution and operations.
Calamos previously served as senior executive vice president and also serves as Calamos’ co-chief investment officer.
Boyne previously served as senior vice president and chief operating officer for distribution at Calamos Financial Services and [...]
Hub International announced the appointment of Scott Goodreau to the position of vice president and chief legal officer. In addition to his role as chief legal officer, he will join Hub’s executive management team and executive committee.
Most recently, Goodreau served as senior vice president, general counsel, administration and corporate relations for Specialty Underwriters’ Alliance. He [...]
Clear Capital Holdings announced the appointment of Mike Ousley as the company’s executive vice president, appraisal group, reporting to Duane Andrews, Clear Capital CEO, and Kevin Marshall, Clear Capital president.
Working from company headquarters in Truckee, Calif., Ousley will oversee the direction and continued growth of Clear Capital’s appraisal team responsible for providing appraisal-based and value [...]
Tuesday, December 22, 2009
The board of directors of E*TRADE Financial Corporation has named lead independent director Robert Druskin as interim chief executive officer and chairman and of the company effective December 31, 2009.
Druskin, who has served on the company’s board of directors since February 2008, will assume both positions from Don Layton.
Druskin is a former chief operating [...]
Credit Suisse Group has appointed Boon Sim, current head of U.S. mergers and acquisitions, as its new global head of mergers and acquisitions.
Sim succeeds Marc Granetz who will become chairman of the investment banking arm at the end of the year.
Sim will be replaced by Andrew Lipsky, head of the Americas diversified industrial and services [...]
Ilya Yuzhanov, a former federal minister for anti-monopoly policy, has been appointed as Deutsche Bank AG’s new managing director for Russia and the CIS. He will assume his new duties as of December 21, 2009.
Yuzhanov’s new role will include handling the bank’s relations with state-controlled companies. He will report to Igor Lozhevsky, Deutsche Bank’s executive [...]
General Electric Co. named Clarence Nunn, 44, as president and CEO of GE Commercial finance fleet services.
Nunn is a 17-year veteran of GE and has held several leadership positions across GE technology infrastructure and GE Capital globally. Prior to his current role, Nunn was the chief commercial officer at GE Capital’s commercial distribution finance business [...]
Ballista Securities announced that Mark Monahan has been appointed as chief executive officer.
Monahan assumes the CEO position after serving as the CEO of ICAP Electronic Brokerage for Asia Pacific. Prior to this position, he was global head of sales and service for FX broker EBS Operations in London. -Business Wire
The Options Clearing Corporation announced the promotions of three officers.
Mike McClain is promoted to executive vice president, business operations group from senior vice president, business operations group.
Mr. McClain is responsible for the business operations group, including national operations and member services. He also oversees key projects such as stock loan as well as analyzing expanded [...]
Boston investment firm HarbourVest has promoted three of its staff to managing director, including Peter Lipson, a member of the private equity firm’s direct investment team, and Julie Ocko, who sits in the primary funds team.
Lipson, who joined the firm in 1997, focuses on growth equity and buyout investments and serves as a director on [...]
Appleton Partners announced that it has made the following appointments.
Gary Crofton was appointed senior portfolio manager, who will be overseeing the management of separate accounts in the tax exempt fixed income space.
H.L. Jeffrey Johnson was appointed vice president of fixed income investments and national wealth management.
Janet Kelliher has been appointed senior research analyst.
United Insurance Holdings Corp. announced the appointment of Joseph R. Peiso as the company’s chief financial officer, effective January 19, 2010.
As CFO, Mr. Peiso will be responsible for the company’s financial planning and control, financial reporting and general corporate finance activities.
Mr. Peiso brings 25 years of experience in the property casualty insurance industry to his [...]
Titan Energy Worldwide announced that it has hired Clifford Macaylo as president of its Northeast operations, overseeing the company operations in New York, New Jersey and Connecticut.
Mr. Macaylo has over 25 years of domestic and international experience in the power segment consisting of electrical distribution, energy conservation, power systems, controls, manufacturing and general management. Prior [...]
Monday, December 21, 2009
Credit Suisse Group announced that Lon Tiemann, David Todd, Matthew Almy and Ossie Okeke have joined the bank’s commodities business in its fixed income department. Lon Tiemann joins as a managing director and head of physical gas trading. David Todd joins as vice president and senior physical gas trader. Matthew Almy and Ossie Okeke join [...]
BB & T Corp. announced that it has named Bill Kilburg as president of its South Atlanta Region. The 45-year-old succeeds Derek Lane, who was named to head BB&T’s Greensboro, N.C.-based sales finance department. Kilburg, who joined BB&T in 2005, previously managed BB&T’s middle market banking group in metro Atlanta. Kilburg has 22 years [...]
Seabury Group, a global advisory and investment management firm, has completed its merger with Minneapolis-based, Organizational Concepts International (OCI). Former OCI president and CEO Marty Kuehne will serve as chief administrative officer, Seabury Group, and managing director, human capital. Former OCI executive vice president and partner John Kuehne will become the company’s chief financial officer [...]
McColl Partners announced that the firm is launching an Employee Stock Ownership Plan (ESOP) corporate finance group with the hire of Louis A. Paone as managing director. Mr. Paone brings over 20 years of experience, and over 100 completed ESOP-related transactions in his career. Before joining McColl Partners, he was a managing director at Houlihan [...]
Northern Trust Corporation announced that Richard K. Barnett has been named chief investment officer of the company’s personal financial services in the Western region. In this role, Barnett is responsible for managing investment policy, asset allocation, portfolio construction and client service in client portfolios for the Western region of Northern Trust. He is a member [...]
Nortia Capital Partners announced it has appointed Douglas Heske to the position of president. Heske joined the firm in 2004 as executive vice president and partner, subsequently serving as chief operating officer and now as president. Heske brings to the firm over 23 years of experience in the securities business and over 15 years of [...]
