Barry Scoville Jr. was named senior vice president, middle-market/institutional sales at fixed-income securities underwriter and distributor Incapital, spokesman John Principio confirmed.
The position is new.
Mr. Scoville will help develop and strengthen the company's relationships with current and prospective clients. He will be based in Charlotte, N.C., and report to George Holstead and Laura Elliott, co-heads of fixed income.
Mr. Scoville was director, credit products trading at Wells Fargo Securities. It could not be learned if he has been replaced; Peter Gilchrist, a spokesman for Wells Fargo, was not immediately available for additional information.