Schroder Wertheim & Co., New York, hired R. Douglas Carleton as managing director and head of high-yield debt origination.

He will report to Leon Kalvaria, head of fixed-income capital markets. Mr. Carleton had been a managing director and co-head of Citicorp Securities' high-yield group, which he helped found in 1990.

Before joining Citicorp Securities, Mr. Carleton was a director at First Boston Corp.

Schroder Wertheim is a subsidiary of the Schroder Group, an investment banking, securities research, sales, trading, and clearance firm.

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