Merrill Lynch has hired Thomas Majewski, managing director in collateralized debt obligations at Bear Stearns in New York. He will replace Steve Kuppenheimer, director in global structured credit products and co-head of collateralized debt obligations, who departed in June for Financial Stocks (DW, 6/23).
Majewski is tipped to start next month as managing director, reporting to Harin de Silva and Ken Margolis, co-heads of CDOs at Merrill, who did not return phone calls or emails.
At Bear Stearns, Majewski reported to Ira Wagner, senior managing director and head of CDOs. Renu Aldrich, Bear Stearns spokeswoman, declined comment on a replacement.
