Lehman's New CEO Contender

June 2005
Investment Dealers' Digest;6/6/2005, Vol. 72 Issue 22, p4
Trade Publication
The article speculates on the potential successor to Dick Fuld, chairman and CEO of financial services company Lehman Brothers Inc. After a major management reshuffling that put former bond chief Bart McDade in charge of equities, widespread speculation had it that McDade was the new contender to the throne. Many of Lehman's top executives have run equities and fixed income. Until now, the heir apparent seemed to be co-COO and Lehman president Joe Gregory. Lehman reorganized its management ranks last week after two top executives announced their departures--Robert Shafir, global head of equities, and Bradley Jack, who served in the office of the chairman.


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