Fitch Investors Service said earlier this week that Mark H.S. Cohen and Nancy E. Stroker have both been promoted to executive vice president and named to the rating agency's executive committee.
According to a release from Fitch's chairman and president, H. Russell Fraser, the two executives will help to "shape Fitch's future by participating in its strategic planning and development."
Cohen has been a vice president with Fitch since 1990. Before that, he was a founder and the chief financial officer of the Bond Investors Guaranty Insurance Co. Cohen remained there until the company was acquired by Municipal Bond Investors Assurance Corp.
He assumed control of Fitch's new Market Management Group in October of 1992. In November 1993, Cohen was named the top analyst of bond insurance and credit enhancement in The Bond Buyer's All-American Analyst Team.
"That macro view of Fitch's business will help guide key decisions of the executive committee"' Fraser said in a release.
Nancy Stroker joined Fitch as a vice president in 1990 after spending four years as a banking analyst with Standard & Poor's Corp.
She currently manages Fitch's taxable finance group. In 1991, Stroker was promoted to senior vice president and was named a managing director last July.