Herzog Heine Geduld in Jersey City added two senior Nasdaq traders: Tom Quinn from Bear Stearns and Scott Rosenfeld from Pershing.
Bloomberg Tradebook in New York hired four senior sales people, including two former traders, Leslie Ambinder from Pimpco Advisors and Mary Ann Doyle from Daruma Asset Management. The other two new sales reps are Judith Broneck, previously a compliance officer at Hoenig & Co. and Byron Cartozian, formerly a vice president of institutional equity services at CS First Boston Corp. Bloomberg also expanded its senior sales staff with two in-house hires, including Ellen Winston, formerly a buy-side order management sales rep. and Jeffrey Vincent, previously a Bloomberg terminal salesman. All six report to Steven Bookbinder, director of sales and marketing.
Kevin Foley was promoted to Chief Executive Officer of Bloomberg Tradebook. Kim Bang has been promoted to president.
Michael Burke joined Bear Stearns as an OTC trader. He was previously with UBS Warburg.
The Securities and Exchange Commission named David Becker as General Counsel. He was previously the SEC's Deputy General Counsel. Becker succeeds Harvey Goldschmid who returned to his previous post at Columbia University as the Dwight Professor of Law. Goldschmid is continuing to work for the SEC on a part-time basis as a special senior advisor to Chairman Arthur Levitt.
Mary Joan Hoene, previously vice president and counsel at Equitable Life Assurance Society of the United States, joined the law firm of Carter, Ledyard & Milburn as counsel in their Financial Institutions Practice Group.
The Philadelphia Stock Exchange nominated Edward G. Rendell, mayor of Philadelphia, to serve on its Board of Governors. John L. Cantwell, Jr., senior vice president and manager of George Wiess & Co. LLC and Thomas W. Wynn, president of Wynncroft, Inc. were nominated to serve as on-floor equity governors.
Goldman Sachs Group named two of its top officials to head up its new educational foundation: the firm's former
co-chairman, John C. Whitehead, will be chairman of the Goldman Sachs Foundation, and Stephanie Bell-Rose, previously counsel and program officer at the Andrew Mellon Foundation, will be president.
Lord Nigel Lawson was elected to the board of Innovest Strategic Value Advisors, a New York-based international investment advisory firm with offices in London and Toronto. Lord Lawson was a finance minister in the Thatcher administration in London.
Christopher Preston, previously with Chartwell Investment Partners in Berwyn, Pa. joined a new buy-side firm Villanova Capital in Conshohocken, Pa. Chartwell Investment is an advisor to the Nationwide Family of Funds with $11 billion under management in fixed income and equity products.
SunGard Brokerage Systems in Bedford, Ma. named Michael Nemerowski president of the firm, a provider of real-time, straight through securities processing systems. He was formerly the company's senior vice president. David Taylor, the firm's former president, was appointed group chief executive of SunGard.
Putnam, Lovell, de Guardiola & Thorton in New York beefed up its equity department with the appointment of John (Jack) Baker Jr. as head of trading, and Francis Mullen as head of equity sales. Baker and Mullen, formerly managing directors at Furman Selz, will be managing directors at Putnam. Putnam said it plans to triple the size of its sales and trading department by the end of this year. Baker and Mullen report to the head of capital markets, William Henson, who is based in Putnam's San Francisco office.
The Philadelphia Stock Exchange named Lanny Schwartz executive vp and general counsel. He was previously a managing director and legal counsel at BT Alex. Brown in New York. The exchange also appointed Robert Ackerman, formerly head of market supervision at the Boston Stock Exchange, as chief regulatory officer and deputy general counsel. He replaces Ken Meaden, who joined the Boston Stock Exchange as vp of regulation and serveillance.
Brent M. Weisenborn, president and chief executive of the Security Investment Company in Kansas City is the new chairman of the District Committee for District 4 of NASD Regulation. He will serve a one-year term. The District Committee elected Cheryl Cook-Schneider as vice chairman. She is a general partner and compliance director at Edward Jones in St. Louis.
Investment Technology Group in New York, a provider of equity trading services and transaction research, opened a Boston office in the Seaport District at 44 Farnsworth Street.
