Jeffrey S. Phlegar and Douglas J. Peebles were named co-CIOs of fixed income at AllianceBernstein Fixed Income, a unit of Alliance Capital Management. They replace Kathleen A. Corbett, who is leaving to become president of Standard & Poor's.
Mr. Phlegar is director of U.S. investment grade fixed income and chairman of the Alliance Capital fixed income investment strategy committee. Mr. Peebles is director of global fixed income with portfolio management responsibilities for international and global fixed income. Both will retain their current responsibilities, said John Meyers, an Alliance spokesman.