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Blaylock Converts to Corporation from Partnership and Renames Firm Blaylock & Company, Inc.; Veteran Wall Street Executive Samuel J. Gottesman Named Chief Operating Officer.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- Blaylock & Company, Inc., a leading minority-owned firm formerly known as Blaylock & Partners, L.P., announced today that it has converted to a corporation from a partnership. Ronald Blaylock, the company's founder, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  remains the majority shareholder. The company also plans to create an independent board of directors.

Concurrent with the conversion, Blaylock also has named veteran Wall Street executive Samuel J. Gottesman the company's chief operating officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
. Mr. Gottesman, who has more than 20 years of Wall Street experience, will oversee Blaylock's day-to-day operations as well as its finance functions.

"Our conversion to a corporation from a partnership has allowed us to emerge as a debt free company with a much stronger balance sheet," Mr. Blaylock said. "Sam's hiring will ensure that we maintain a highly disciplined and focused approach to our strategy of expanding our core business areas. It will allow me to devote more time to identifying and developing strategic and long-term initiatives and to spend increased time with our capital markets and investor clients."

Mr. Gottesman, 47, most recently was an executive director of Commerzbank Capital Markets Corp., where he oversaw distribution and marketing and served on the firm's management committee. He earlier held senior positions in trading and sales at Bear Stearns and Merrill Lynch. A native of Brooklyn, he holds an MBA MBA
abbr.
Master of Business Administration

Noun 1. MBA - a master's degree in business
Master in Business, Master in Business Administration
 and Bachelor's degree from University of Buffalo.

Blaylock's core franchise includes capital markets and investment advisory, fixed income trading and sales, and equity trading. Blaylock has also built a significant structured products business focusing on structured equity and credit products.

Based in New York, Blaylock & Company is a member of the NASD NASD

See: National Association of Securities Dealers


NASD

See National Association of Securities Dealers (NASD).
 and SIPC (Simply Interactive PC) An earlier umbrella term from Microsoft and Intel for a PC that works like a home appliance. For example, it has a sealed case, uses external connectors for expansion and boots in just a couple of seconds. . The firm has offices in New York, Chicago, and Atlanta.
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Publication:Business Wire
Geographic Code:1USA
Date:Apr 29, 2005
Words:285
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