Executive Changes: PricewaterhouseCoopers Picks Brown to Lead Investment Bank

PricewaterhouseCoopers has put Hugh Brown, a partner in London, in charge worldwide of PricewaterhouseCoopers Securities LLC, its corporate finance and investment banking services practice.

He is also directly responsible for all European operations.

Reporting to Mr. Brown are Michael Hammond in New York, head of the practice for the Americas; and Robert Neilson in South Korea, who is in charge of Asia. Mr. Brown in turn reports to Ray Ranelli, global leader of PricewaterhouseCoopers' financial services group.

Mr. Brown joined Coopers & Lybrand Management Consulting Services in 1982 and was one of the founders of the firm's corporate finance division. Pricewaterhouse and Coopers merged on July 1, 1998.

In his new post Mr. Brown succeeded Anthony Browne, who has returned to focusing on individual client calls.


NEW ENGLANDFirst Data Investor Services Group Inc., the mutual fund distribution and retirement-plan services unit of First Data Corp., has hired Martin C. Gawne as a vice president in client services.

Mr. Gawne, 41, will work out of the company's Chicago office and manage relations with Northern Trust Co. He will report to Jylanne M. Dunne, senior vice president for First Data's client services.

Earlier he was a vice president and senior relationship manager for marketing at Harris Trust and Savings Bank in Chicago.

First Data Investor Services is based in Westborough, Mass., and has more than $850 billion of assets under management. Atlanta-based First Data Corp. is selling the unit to PNC Bank Corp. of Pittsburgh; the sale is expected to close in this quarter.


MIDWESTLaSalle Bank in Chicago has promoted James M. Feldman, the head of institutional trust product sales and marketing in its trust and asset management department, to the rank of group senior vice president.

He reports to Randall Hampton, executive vice president of the institutional services division.

Mr. Feldman, 41, was a senior vice president. He joined LaSalle in 1984 and led a division of the commercial lending department before moving to the trust and asset management department in 1997. Earlier he worked four years in commercial lending at American National Bank of Chicago.

LaSalle also promoted first vice president Jody M. Staszesky to a senior vice presidency in the commercial banking division. Ms. Staszesky handles relationships with health care and senior living organizations. She reports to senior vice president Patricia Laughlin, head of the commercial banking division.

Ms. Staszesky, 41, joined LaSalle in 1994 after working five years at Shawmut Bank in Hartford, Conn.

LaSalle Bank is a $30 billion-asset subsidiary of the Netherlands' ABN Amro.


MIDDLE ATLANTICErnst & Young LLP in New York has promoted David Shpilberg to chief technology officer for its consulting services worldwide.

Mr. Shpilberg will oversee the firm's information technology strategy, implementation, outsourcing capabilities, as well as lead a focus on e-commerce and Internet capabilities.

He remains vice chairman of consulting services and will continue to direct the firm's strategic ventures and acquisition efforts.

Mr. Shpilberg joined Ernst & Young in 1991 as national director of financial services consulting and was named national director of information technology consulting in 1994. Before that he was vice president of information technology at Goldman, Sachs & Co.

He has 25 years of management and consulting experience in information technology strategy, software development, network computing, artificial intelligence, and business process redesign.


SOUTHEASTWachovia Corp. in Winston-Salem, N.C., has promoted J. Calvin Ratcliff Jr. to a senior vice presidency in its corporate banking subsidiary, Wachovia Corporate Services Inc., and Joseph D. Crocker to that rank in Wachovia Bank.

Their responsibilities did not change.

Mr. Ratcliff has been a senior loan administration officer in Wachovia Corporate Services' global corporate finance group since 1994. He joined the company in 1982 as a personal banker in Winston-Salem, N.C., and moved to Atlanta in 1990, when he was promoted to vice president and manager of retail loan administration for Wachovia's western region.

Mr. Crocker has been Wachovia Bank's director of community reinvestment in the Carolinas since June. He joined the company in 1988 as a corporate banking trainee in Hickory, N.C. He was promoted to vice president and manager of community development in Charlotte, N.C., in 1994 and moved to Winston-Salem as the North Carolina CRA administrator in 1997.


WESTBank of the West in San Francisco, a unit of BancWest Corp. of Honolulu, has hired Frank Young and Eric D. Tresser as vice presidents.

Mr. Young was a financial relationship manager and vice president at Bank of America. Bank of the West hired him as a marketing portfolio officer in Reno; he will report to Scott Germer, executive vice president of corporate banking.

Mr. Tresser was a finance manager at World Savings and Loan Association in Oakland, Calif. Earlier he was an operations specialist/customer service representative at Charles Schwab & Co. in San Francisco.

Bank of the West hired him as finance officer for its operations division. He will report to Don Ward, the unit's executive vice president.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER