CIBC Wood Gundy Names Executive

CIBC Wood Gundy Securities Corp., New York, has hired Joseph K. Jenkins as director and Lawrence C. Salerno as associate director in its U.S. government securities group.

The firm is owned by Canadian Imperial Bank of Commerce, Toronto.

Mr. Jenkins, who is responsible for sales of Treasury securities, was a vice president of sales at Aubrey G. Lanston & Co., New York.

Mr. Salerno, now responsible for trading U.S. Treasury bills and notes, was a senior proprietary trader at ABB Treasury Center, Inc., Stamford, Conn.

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