Schappert departs from Credit Suisse

Keith Schappert resigned as managing director and CEO of Credit Suisse’s asset management business in the Americas, confirmed spokeswoman Suzanne Fleming. Mr. Schappert, who joined Credit Suisse in November 2006 from Federated Investors, is leaving to pursue other opportunities, Ms. Fleming said. Mr. Schappert was not immediately available to provide details on his plans. The company has not yet named a replacement.