First Union Capital Markets Corp. in Charlotte, N.C., has hired a senior executive from a Canadian Imperial Bank of Commerce unit as a managing director.

Thomas J. Gallager will be in charge of First Union's defense, aerospace and technical services industry group. He will report to John Papadopulos, the co-head of corporate finance in First Union Capital Market's investment banking division.

Mr. Gallager was a managing director and executive of the transportation, aerospace, and defense investment banking group at CIBC World Markets. He was responsible for delivering capital-raising and advisory services to small, midcap, and large corporate clients. Earlier he was at Chase Securities in New York, and still earlier at Bankers Trust there.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.