Macquarie Group has announced several senior leadership appointments as well as 14 additions to its U.S. equity sales and sales trading teams.
The company said that these professionals, based in New York, Boston, and San Francisco, will enhance its U.S. institutional equities business. Macquarie Group is an Australia-based financial firm that reports $339 billion under management.
“The senior appointments provide additional experience and dimension to our leadership team,” said Ken Savio, senior managing director and U.S. head of Macquarie Securities. “We continue to make a deliberate effort to recruit outstanding industry-recognized individuals with deep product and market experience. The collective expertise, top-tier client relationships and product knowledge of our new hires will better deliver Macquarie's research content and trading capabilities to new and existing clients. They join a talented team of professionals and strengthen the overall reach and execution capability of our institutional equities business."
The company hired:
- Michael Cornette, managing director and head of U.S. Trading. He joins from Bank of America Merrill Lynch; he was previously at Bear Stearns.
- Robert DeRosa, managing director and co-head of U.S. Sales Trading. He was an executive director at JP Morgan; prior to that, he worked at Bear Stearns, Oppenheimer, and CIBC.
- Nicholas Struk, managing director and co-head of U.S. Sales Trading. He was previously an executive director at UBS, after working at Bear Stearns.
In U.S. Sales Trading, Macquarie has added three managing directors. They include Stephen Sibilia, whose career includes stints at Jefferies, Sanford C. Bernstein, and Goldman Sachs; Jon Jensen, who comes from FBR Capital Markets after holding senior positions at Bear Stearns, Dresdner Wasserstein, and Natwest Securities; and Mark Corcoran who moves from Lazard Capital Markets, where he was a director, after working at Bear Stearns, Lehman Brothers, and ING.
Three senior vice presidents have come on board in U.S. sales trading. Both John Curley and Brad Hoenig join from RBC Capital Markets; Curley previously was at Merrill Lynch while Hoenig was at Lehman Brothers. Allen Jordan, another new senior vice president, was most recently at Rochdale Securities. Tarik Turner, who moves from Ticonderoga Securities to be a vice president in U.S. sales trading at Macquarie, was previously at Friedman Billings Ramsey and Bear Stearns.
In the U.S. equity sales area, Macquarie announced that both Khristina McLaughlin and Alexander Martin have joined as managing directors. McLaughlin, who comes from WJB Capital, previously worked at Goldman Sachs. Martin joins from Avondale Partners, having prior experience at Ferris, Baker Watts, and Donaldson, Lufkin & Jenrette. The U.S. equity sales team also has added two senior vice presidents. Tad Nacheff, who moves from FBR Capital Markets, had been at ThinkEquity, Goldman Sachs, and Lehman Brothers, while Jim Isenthol who most recently was at Soleil Securities, previously worked at Merrill Lynch.