Mark Landis has resigned from Credit Suisse First Boston in New York, where he had recently been a managing director and head of fixed-income sales for North America. Jim Healy and Jerry Wood, global co-heads of fixed income, said in an internal memo sent late last week that Landis has chosen to leave the firm "to spend more time with his family and pursue other business interests." Landis did not respond to messages left at his office.
Landis had been head of fixed-income sales up to February, at which time Healy and Wood announced in another internal memo that Landis would be taking on a new role in researching opportunities to grow the firm's hedge fund client base. The job change was part of the firm's "Plan '06," which is aimed at doubling profits by 2006. It could not be determined if or how Landis' departure from the firm was related to the new role. Healy and Wood referred calls to John Gallagher, spokesman in New York, who could not comment.