Magazine article American Banker

Executive Changes

Magazine article American Banker

Executive Changes

Article excerpt


U.S. Bancorp Piper Jaffray of Minneapolis has hired Steven Bernard as vice president of its middle-market mergers and acquisitions group.

He is to direct the group's research activities, which include identifying consolidation trends, tracking mergers and acquisitions and capital markets, and developing insights on technical transaction issues.

Mr. Bernard was a senior vice president and sell-side equity research analyst at First Union Securities Inc., where he had worked four years. Before that he had been a vice president and assistant director at Southwest Securities Inc. for a year.

Mr. Bernard is based in the Chicago office of U.S. Bancorp's investment banking subsidiary.


Bear, Stearns & Co. in New York has hired Mary Tanner to be a senior managing director in its health-care investment banking practice.

Ms. Tanner was a managing director at Lehman Brothers, where she worked for 20 years and became the firm's first woman partner in 1984.

Prudential Securities Inc. in New York has promoted Michael Rice to executive director of its 290-branch retail system.

He is in charge of the firm's divisional officers, training and professional development, finance, branch administration, retail risk management, retail recruiting, and branch real estate.

Mr. Rice was named chief administrative officer of the firm's private-client group last year. He joined Prudential in 1997 as director of strategic initiatives for the group. Before that he had been a vice president and branch manager at Smith Barney in New York.


Provident Bank of Florida in Sarasota has hired Maureen Hurst Woodward as a vice president for its private-client group.

Ms. Woodward was an executive vice president at PNC Bank of Pittsburgh. She has 26 years of financial services experience in private banking, corporate lending, sales and marketing management, and customer relationship management. …

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