Merrill Lynch & Co. announced that Thomas K. Montag, 51, has been appointed head of global sales and trading. Mr. Montag will report directly to John A. Thain, chairman and CEO of Merrill Lynch. In his role, Mr. Montag will be responsible for all the firm’s global sales and trading activities across debt and equities.
Most recently, Mr. Montag was with Goldman Sachs Group for over 22 years where he was co-head of the global securities business and a member of the company’s management committee when he left the company in December, 2007. Prior to being co-head of the global securities business he was co-president of Goldman Sachs’ Japanese operations since 2001 and before that ran the firm’s global derivatives business.-Business Wire
Merrill Lynch & Co. announced that Thomas J. Sanzone has been appointed as executive vice president and chief administrative officer of the company reporting to Chairman and Chief Executive Officer John A. Thain. He will join the firm in the second half of 2008 and have responsibility for Merrill Lynch’s global technology, operations, and corporate services groups.
Merrill Lynch & Co. announced that it has appointed Noel B. Donohoe as co-chief risk officer. Mr. Donohoe will report directly to John A. Thain, chairman and CEO of Merrill Lynch. Mr. Donohoe brings more than 20 years of risk management experience in the financial services industry to Merrill Lynch. Most recently he was chief operating officer and a partner of Dune Capital Management. -Business Wire
Merrill Lynch & Co. announced that Margaret D. Tutwiler has been appointed senior vice president and head of global communications & public affairs of the company, effective December 17, 2007. Ms. Tutwiler, 56, has been head of global communications and government relations for the NYSE Euronext and its predecessor company NYSE Group since July 2004. Ms. Tutwiler will report to John A. Thain, chairman and CEO. As senior communications strategist, Ms. Tutwiler will assume responsibility for all external and internal communications activities. This includes: media and government relations; employee, business group, executive shareholder and public policy communications, corporate marketing and brand identity, and other related activities. -Business Wire
Merrill Lynch & Co. announced that John A. Thain, chief executive officer, director and member of management committee of NYSE Euronext and former president and chief operating officer of Goldman Sachs Group, has been appointed chairman and chief executive officer of Merrill Lynch effective December 1, 2007. Mr. Thain, 52, joined the NYSE on January 15, 2004, serving as chief executive officer and a director. Prior to joining the NYSE, he served as president and chief operating officer of Goldman Sachs Group. -Business Wire