Bradley C. Tank joined Lehman Brothers, New York, as managing director in the wealth and asset management group, said Kerrie Ann Cohen, a Lehman spokesman. Ms. Cohen was unable to provide additional details about Mr. Tank's responsibilities. Industry sources said they understood Mr. Tank is overseeing development of an asset management division for the investment bank.
Mr. Tank made a well-publicized departure from Strong Capital Management Inc., Menomonee Falls, Wis., last summer. He had been director of fixed income and a member of the office of the chairman, and was widely considered the leading candidate to succeed Richard Strong as head of the firm.