Wachovia Securities added Liz Fitzpatrick as a director for its high-yield sales team, according to Jim Pierpoint, a spokesman at the Charlotte, N.C. based firm. With Fitzpatrick the HY sales team now comprises eight staffers. She will report to Gary Palmer, managing director and co-head of the high-yield desk with Tim Dowling. The position is a newly created slot. Palmer did not return calls. Fitzpatrick could not be reached to comment.
Prior to joining Wachovia, Fitzpatrick worked for 16 years as a fixed-income saleswoman at Banc of America Securities, selling high-yield bonds during her last nine years there. For the past 18 months, she has taken time off to be with her family.