Brown & Company Names Karen Vernamonti Chief Financial Officer.Business Editors BOSTON--(BUSINESS WIRE)--Aug. 21, 2001 Brown & Company Securities Corporation, the wholly-owned deep-discount online brokerage arm of J.P. Morgan Chase & Co. (NYSE NYSE See: New York Stock Exchange :JPM JPM J. P. Morgan Chase & Co. (stock symbol) JPM Juan Pablo Montoya (formula 1 driver) JPM Jabatan Perdana Menteri (Malaysia) JPM Journal of Property Management ) announced today that Karen Vernamonti has been named Chief Financial Officer. Vernamonti joins Brown & Company from CSFBdirect, where she was CFO See Chief Financial Officer. and managing director. Vernamonti will report to Brown & Company 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. Elizabeth J. Fisher and will be responsible for all financial management, reporting, budgeting and financial growth strategies for the company. Her duties will also include serving on the company's nine member leadership team which includes all key business executives. She will work out of Brown & Company's Boston headquarters at 1 Beacon Street Beacon Street is a major thoroughfare in Boston, Massachusetts and several of its western suburbs. Beacon Street in Boston, Brookline, Brighton, and Newton is not to be confused with Beacon Street in nearby Somerville. . "I am thrilled to bring someone with Karen's experience in the business to Brown & Company," said Elizabeth J. Fisher, CEO Brown & Company. "Her expertise in finance and background in the industry make her a critical part of the leadership team." Prior to her role as CFO at CSFBdirect, Vernamonti was a Senior Vice President with Donaldson, Lufkin and Jenrette for five years in the treasurer's department. She has also held significant positions in the financial services industry at Bank of Tokyo-Mitsubishi and Irving Trust Company. Vernamonti holds a B.S. in accounting and information systems from Pace University and is relocating from Allendale, New Jersey Allendale is a borough in Bergen County, New Jersey, United States. As of the United States 2000 Census, the borough population was 6,699. Allendale was formed on November 8, 1894 from portions of Franklin Township, Hohokus Township and Orvil Township at the height of the to Boston. Brown & Company (www.brownco.com) was recently named "Best of the Web" by Forbes.com in its annual survey (February 2001), calling it a great site with reliable customer service. Brown & Company, the seventh largest online brokerage firm nationwide, is a wholly-owned subsidiary of J.P. Morgan Chase & Co. Headquartered in Boston, Mass., Brown & Company is a deep discount broker The introduction to this article provides insufficient context for those unfamiliar with the subject matter. Please help [ improve the introduction] to meet Wikipedia's layout standards. You can discuss the issue on the talk page. for experienced investors who make their own investment decisions, and who are willing and able to manage their own accounts. J.P. Morgan Chase & Co. is a leading global financial services firm with assets of $713 billion and operations in more than 50 countries. The firm is a leader in investment banking, asset management, private banking, private equity, custody and transaction services, retail and middle market financial services, and e-finance. Headquartered in 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 , JPMorgan Chase serves more than 30 million consumer customers and the world's most prominent corporate, institutional and government clients. |
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