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EDWARD E. SHERIDAN NAMED DIRECTOR OF MUNICIPAL MARKETS; JOSEPH H. MOGLIA BECOMES U.S. FIXED INCOME SALES MANAGER

 EDWARD E. SHERIDAN NAMED DIRECTOR OF MUNICIPAL MARKETS;
 JOSEPH H. MOGLIA BECOMES U.S. FIXED INCOME SALES MANAGER
 NEW YORK, March 4 /PRNewswire/ -- Merrill Lynch & Co., Inc. today announced the appointment of Edward E. Sheridan as director of municipal markets within the company's debt markets group. Joseph H. Moglia will assume new responsibilities as U.S. fixed income sales manager.
 Sheridan, 37, managing director and formerly head of global fixed income sales and co-manager of financial futures and options, replaces John Miller, managing director, who has stepped down as head of municipal markets for health reasons.
 "Ed Sheridan is one of the most skillful leaders and managers at Merrill Lynch, with a keen knowledge of our clients as well as the debt markets, and is the ideal person to sustain and build upon Merrill Lynch's leadership position in municipal markets," said Daniel P. Tully, president and COO, and Roger M. Vasey, executive vice president, in a joint statement.
 "John Miller has been a chief architect of our perennial municipal markets leadership and has earned the respect and affection of clients and colleagues alike. We're sorry to lose him in this position but we understand that his health considerations must come first, and are pleased that he will continue with us in an advisory capacity," they said.
 "As an account executive and most recently as sales manager for the New York region, Joe Moglia has demonstrated an untiring commitment to our clients, and is the right person to assume the responsibilities of U.S. Fixed Income Sales Manager," Tully and Vasey said.
 In his new role, Sheridan will report to Vasey, and will be the senior executive in charge of municipal finance, sales and trading activity. Merrill Lynch is a leading underwriter and market maker for securities issued by state and local governments and agencies throughout the United States.
 Sheridan joined Merrill Lynch in municipal bond sales in 1976 and moved to taxable debt sales in 1980. There he held a succession of management positions culminating in his appointment in 1988 as head of global fixed income sales.
 A graduate of Princeton University, Sheridan also received an MBA from New York University.
 Moglia, 42, will report to James A. McCarthy, senior vice president, institutional sales, and will head Merrill Lynch's U.S. fixed income sales activities, including high-yield sales. He joined Merrill Lynch as an institutional sales trainee in 1984, and became an account executive a year later. He was named fixed income sales manager in the New York region in 1991.
 He received a bachelor's degree in economics from Fordham and a master's degree the University of Delaware.
 -0- 3/4/92
 /CONTACT: James Wiggins, 212-449-7280, or Fred Yager, 212-449-7355, both of Merrill Lynch & Co./
 (MER) CO: Merrill Lynch & Co., Inc. ST: New York IN: FIN SU: PER


KD-SH -- NY076 -- 5070 03/04/92 15:49 EST
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Publication:PR Newswire
Date:Mar 4, 1992
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