Fleet Bank in New York, a unit of Boston-based FleetBoston Financial Corp., has promoted John E. McWeeney Jr. to executive vice president and regional sales director for the bank's small-business services group.
In this newly created post, he is to oversee 40 small-business relationship managers and salespeople in New York City, Long Island, and Westchester County.
Mr. McWeeney, who is based in New York City, reports to Norman J. DeLuca, managing director of Fleet's small-business services group. Mr. McWeeney was most recently Fleet's Long Island regional president, a post he had held since May 1995. He started at the bank in 1979, filling management roles in retail and commercial lending.
In 1990 he became head of the consumer banking group's 73 branches on Long Island, with additional duties in small-business credit and government banking. Three years later he was promoted to president of the Hudson Valley region in New York, where he was in charge of middle-market lending.
MIDWESTThe Federal Reserve Bank of Chicago has elected Timothy D. Leuliette chairman of the board of its Detroit branch.
He is a co-founding partner of Bloomfield Hills, Mich.-based Heartland Industrial Partners, an equity fund that is targeting pensions, investment funds, and wealthy people as it tries to raise $2 billion of capital by June.
Mr. Leuliette announced the founding of Heartland on Oct. 11 with David A. Stockman, director of the Office of Management and Budget in the early years of the Reagan Administration.
Before Mr. Leuliette helped start the equity fund, he was president and chief operating officer of Penske Corp., a privately held transportation company, and vice chairman of its subsidiary, Detroit Diesel Corp.
MIDDLE ATLANTICEreorg.com Inc., a New York on-line auction house for bank loans, trade claims, and sovereign debt, has named Philip J. Andryc president and chief operating officer.
Mr. Andryc, formerly a managing director at Morgan Stanley Dean Witter & Co., is to oversee the company's day-to-day operations and sit on the board of directors. He is to join ereorg.com Jan. 3, reporting to chairman and chief executive officer Ronald DeKoven.
In 20 years at Morgan Stanley, Mr. Andryc held a variety of management posts, most recently chief operating officer of the information technology group. He also worked in Morgan Stanley's private-client, risk arbitrage, and fixed-income groups.
Ereorg recently got $7.5 million of venture capital from Warburg, Pincus Equity Partners LP, a $5 billion private equity fund.
RBC Dominion Securities of New York has further bolstered its Houston-based energy-industry group with the hiring of a four-person research team from Jefferies & Co.The team, headed by Roderick D. McKenzie, formerly worked in Jefferies' oilfield services group. The other team members are: Karen David-Green, formerly a research associate; Stephen M. Butz, formerly a research associate; and Samir G. Chauhan, formerly a research analyst.
RBC Dominion, the corporate and investment banking unit of Royal Bank of Canada, built up its energy-industry group with other hirings during the fall.