Moody's Investors Service has named Brian Clarkson as its new executive vice president and co-chief operating officer, in charge of global structured finance and global public finance. Also promoted to Co-Chief Operating Officer, working alongside Clarkson, was Chris Mahoney, who had headed the corporate finance, financial institutions and sovereign risk businesses. The two will share management responsibility for Moody's research business. Clarkson joined Moody's in 1991 as a senior analyst and has been running the U.S. structured finance group since mid-2000. Group MDs Andy Silver and Noel Kirnon will jointly run the U.S. structured finance group, while Frederic Drevon, who was promoted to group MD for international structured finance, will also report to Clarkson.
Neil McPherson has been promoted to managing director at Credit Suisse First Boston, where he has run the U.S. ABS research strategy group since early 2000, assuming CDO responsibilities in late 2002. McPherson manages a staff of nine analysts in the New York office. McPherson, who joined the research team in 1998, reports to Global Head of Structured Products Research Gail Lee.