Moody's vet leaves position as MD

ABCP guru Sam Pilcer has resigned from his position as managing director and head of the conduit group at Moody's Investors Service, effective August 1. Pilcer, who had been with Moody's for over 10-years, will continue working with Moody's as a consultant. Senior vice president Claire Robinson will take over Pilcer's day-to-day responsibilities acting as co-head of ABCP along with managing director Michael Kanef. Robinson will report to managing director Andy Silver.