Andrew Constan, global head of equity derivatives at Salomon Smith Barney, is leaving the firm. "I am leaving on the best of terms," said Constan, adding that the decision was motivated by a desire to change his lifestyle. Constan said he has no immediate plans to join a competitor and has made no final decision regarding future plans. Joe Elmlinger, global head of sales and structuring in equity derivatives, will take over the head role. Elmlinger did not return calls left with his assistant. Duncan King, a spokesman at SSB in New York, declined comment.
Constan is a SSB veteran, having worked with the firm for over 15 years, said an official familiar with his career. He took on the head equity role in mid-2001, having previously worked as global head of derivatives trading.
