Lehman Brothers has reorganized its European equity division and promoted Benoit Savoret and John Phizackerley to co-head the group in London. Savoret was previously European head of trading and leveraged products, while Phizackerley was global head of pan-European cash equities. Savoret did not return calls and Phizackerley could not be reached by press time.
They have replaced Roger Nagioff , who has become coo of Lehman Brothers Europe and Asia.