Asset Finance Group Managing Director Andy Silver is leaving Moody's Investors Service to teach economics and finance at the business school at Rutgers University. A replacement for Silver has not been named.

Silver joined the rating agency in 1988 as a senior analyst, and is credited with helping Moody's establish its rating methodology for real estate investment trusts (REITs). Prior to Moody's, Silver worked at Citicorp, and before that was an economist for the Federal Reserve Bank of New York.

Silver does not official leave Moody's until roughly July 16.

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