Heller Financial Inc. in Chicago, a commercial finance subsidiary of Fuji Bank Ltd., has put Robert E. Radway, its executive vice president of corporate development, in charge of international strategy as well.

His new title is executive vice president of corporate strategy and development. He had held the old one since joining the $20 billion-asset company in 1999.

Mr. Radway had come to Heller from Finova Group Inc. of Phoenix, which he had joined in 1996 and where he had been an executive vice president. He had come to Finova after First Union Corp. of Charlotte, N.C., bought his previous employer, First Fidelity Bancorp. of Newark, N.J. Earlier he had worked at CMS, a privately held investment firm in Philadelphia.

In taking the new job Mr. Radway, 40, relinquished another he had held since joining Heller: group president of Heller Healthcare Finance.

Howard Widra was named to succeed him. Mr. Widra, 34, had been the unit's executive vice president since joining Heller in 1999, when it acquired Healthcare Financial Partners Inc., whose chief operating officer he had been.

He had come to Healthcare Financial from the Washington law firm of Steptoe & Johnson LLP.

MIDDLE ATLANTICBear, Stearns & Co. in New York has hired David E. King as a senior managing director in its merchant banking group.

He reports to John Howard, head of the group.

Mr. King was the head of investments in the New York office of McCown De Leeuw & Co., a private equity investment firm, where he worked for 10 years.

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