Eugene Flood Jr. took over as president and CEO of Smith Breeden. He replaces Douglas T. Breeden, who remains chairman of the company and will become the Dalton McMichael Professor of Finance at the University of North Carolina’s Kenan-Flagler Business School. He will remain active in Smith Breeden’s research efforts.
Mr. Flood was a principal at Morgan Stanley Dean Witter. He worked with Mr. Breeden in the 1980s at Stanford University’s Graduate School of Business and has been an outside director of Smith Breeden for six years.
