Smith Barney Inc. Names Executive

Smith Barney Inc., New York, said Joseph M. Donovan has joined the firm as managing director, head of securitization group for taxable fixed income.

Mr. Donovan previously was a managing director in the investment banking department at CS First Boston, his employer for 12 years. He will report to Robert R. Holloman, managing director and head of Smith Barney's debt origination group.

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