Lehman Brothers in New York has named Richard Cunningham, head of convertibles distribution for the U.S., to head equity sales for the Americas. This role includes both derivatives and cash sales to Canada as well as the U.S. and South America. Cunningham replaces David Bizer who transferred to London earlier this month (DW, 1/12).
Cunningham is expected to be replaced in his role as head of convertibles, but it has not yet been determined who will take this position.
