J.P. Morgan & Co. in New York has hired David H. Jeffries from Lehman Brothers as a managing director in its consumer/retail investment banking group.

Mr. Jeffries, who worked 13 years for Lehman Brothers, will continue to focus on the food, beverage, and retailing sectors. He will report to Jaime Grant, head of consumer/retail investment banking, and John Sheldon, head of consumer/retail mergers and acquisitions.

Mr. Jeffries' brother Robert is a managing director in J.P. Morgan's chemicals mergers and acquisitions group.

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