Jack L. Rivkin was named executive vice president and head of research, research sales and equity trading at Neuberger Berman, a new position. Mr. Rivkin will have day-to-day oversight of research, picking up from Les Werkstell, who recently left the firm, said Jeffrey B. Lane, president and CEO. Barry Townsend, head of research sales, and Frank DAmbrosio, head of equity trading, remain at the firm and will report to Mr. Rivkin, Mr. Lane said. Mr. Rivkin also is a member of the executive management committee.
Mr. Rivkin was head of Citigroup Investments Technology Venture Capital until his retirement in December 2001.
Separately, Kevin Handwerker, Neuberger Bermans general counsel, was named to the firms executive management committee.