Moffett Cochran will leave his position as president of Credit Suisse Asset Management-Americas in July, said CSAM-Americas CEO Jim McCaughan. He will not be directly replaced and his duties will be distributed to other staff members. Mr. Cochran was chairman and CEO of DLJ Asset Management Group and assumed his current position after Credit Suisse acquired DLJ.
Mr. Cochran will return to the asset management business after a break, Mr. McCaughan said. Mr. Cochran could not be reached by press time regarding his plans.
