Deals and People

Birnbaum Joins Fleet

June 7, 2001 ( - Robert Birnbaum has joined Fleet Asset Management as Managing Director and head of institutional marketing and distribution.

Fed Governor to Step Down

June 4, 2001 ( - After 14 years on the Board of Governors of the Federal Reserve System, Governor Edward Kelly, 69, has announced resignation plans.

Pozen To Leave Fidelity, Johnson To Take Up Reins

May 21, 2001 ( - Fidelity Management & Research (FMR) president Bob Pozen has decided to leave the mutual fund giant at the end of the year to pursue other interests. Fidelity named has named Abigail Johnson to replace Pozen as president of FMR, the investment advisor to the Fidelity family of mutual funds, effective June 15, 2001.

Senate Confirms Combs DoL Appointment

May 14, 2001 ( - The US Senate has confirmed Ann Laine Combs? appointment to the position of Assistant Secretary of Labor for the Pension and Welfare Benefits Administration within the Department of Labor.

Bush To Nominate EEOC Head

May 14, 2001 ( - The Bush administration is ready to nominate candidates for two key government positions, including head of the Equal Employment Opportunity Commission (EEOC).

ESOP Board of Directors Named

May 11, 2001 ( - The Employee Stock Ownership Plan (ESOP) Association recently elected Joseph Cabral, CEO of Chatsworth Products, Inc in California, to chair the association.

SEC Chairman Nomination Stirs Up Controversy

May 10, 2001 ( - The Bush administration has only just appointed Harvey Pitt to the position of chairman at the Securities and Exchange Commission (SEC), but already there has been much debate on whether his roster of past corporate clients presents a conflict-of-interest problem.

President Bush Names Commission Members

May 2, 2001 ( - President Bush has named the members of the bipartisan, 16-member commission, charged with the task of making recommendations to preserve Social Security for seniors while building wealth for younger Americans.

Frontrunner for SEC Chairman Emerges

April 27, 2001 ( - Securities lawyer Harvey Pitt, a former general counsel at the Securities and Exchange Commission (SEC), has emerged as the Bush administration's favorite for the Chairman's seat at the nation's securities regulator.

White House Eyes Bobins, Swonk for Fed Seat

April 19, 2001 ( - Norman Bobins, president and chief executive of LaSalle Bank, and Diane Swonk, chief economist at Bank One Corp., are being considered for an open seat on the Federal Reserve's Board of Governors, people familiar with the selection process said.

Chao Fails to Disclose Position at Multacom

April 16, 2001 ( - US Labor Secretary Elaine Chao failed to list her position on the board of privately held Multa Communications Corporation (Multacom) on her financial disclosure form, according to The New Republic magazine.

Senate Confirms DOL Asst. Secretaries

April 12, 2001 ( - The Senate has confirmed, by unanimous consent, two assistant secretaries at the Department of Labor (DOL), Chris Spear as Assistant Secretary of Labor for Policy and Kristine Iverson as Assistant Secretary of Labor for Congressional Affairs.