Lehman executive tapped as chairman of PSA board.

R. Fenn Putman, managing director in public finance at Lehman Brothers, will be the next chairman of the Public Securities Association's board of directors, the PSA announced.

On Jan. 1, 1994, Putman will replace outgoing chairman Don B. Taggart, senior vice president in the corporate treasury department at Chase Manhattan Bank. Taggart will stay on the PSA board as a director.

Putman joined the PSA board in 1992 and served as vice chairman of the association's municipal securities division. He was vice chairman of the PSA this year.

The chairman-elect, who served as vice chairman of the Municipal Securities Rulemaking Board from 1990 to 1991, is a past president of the Municipal Bond Club of New York and of the Municipal Forum of New York.

The PSA also announced that Robert D. McKnew. executive vice president at Bank of America, was elected to the post of vice chairman. McKnew previously served on the PSA board in 1990 and 1991. He was the chairman of the Public Finance Institute Advisory Committee from 1987 to 1990.

Ira H. Green, chairman and chief executive officer of the Westcap Corp., was elected treasurer. Green joined the PSA board this year and served as co-chairman of the membership committee.

George B. Pugh Jr., executive vice president and managing director at Craigie Inc., will be the chairman of the PSA's municipal securities division for 1994.

Elaine LaRoche, managing director at Morgan Stanley & Co., will chair the PSA political action committee.

Marcia Recktenwald, managing director at BT Securities Corp., will chair the government and federal agency securities division and the primary dealers committee.

Michael A. Coppola, director at Merrill Lynch Money Markets, will chair the money market committee.

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