Lehman Brothers Names Joseph M. Gregory President and Chief Operating Officer - 2004-05-24
Lehman Brothers, the global investment bank, revealed today that Joseph M. Gregory has been appointed President and Chief Operating Officer. In his new position, he will continue to manage the daily operations of the Firm's global business and administrative activities.
Commenting on the appointment, Chairman and Chief Executive Officer Richard S. Fuld, Jr. stated,
"In his 30 years with the Firm and with me, Joe has been a role model across so many dimensions and has been critical to the success of our Firm. He brings outstanding leadership, excellent judgment, tremendous experience, and incredible energy to his position. As a champion for making Lehman Brothers the best place to work, Joe has taken leadership in promoting the Firm's focus on diversity and expanding our efforts in this important
area. I am confident that his hands-on leadership and oversight of the day-to-day operations of the Firm will ensure that we reach our next levels of achievement."
Mr. Gregory joined Lehman Brothers in 1974 as a commercial paper trader. From 1980 to 1996, he held various management positions in the Fixed Income Division, including head of the Firm's mortgage business and then co-head of the entire division.
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