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JESSICA BIBLIOWICZ JOINS SMITH BARNEY SHEARSON AS HEAD OF MUTUAL FUND SALES, MARKETING

 NEW YORK, Jan. 13 /PRNewswire/ -- Jessica M. Bibliowicz has joined Smith Barney Shearson Inc. as Executive Vice President responsible for mutual fund sales and marketing. She also manages sales and marketing for the firm's distribution of insurance and annuity products.
 Ms. Bibliowicz, 34, reports to Smith Barney's President, Joseph J. Plumeri, who also heads up the firm's Private Client Group, encompassing all of its individual investor businesses.
 "I've known Jessica for about 15 years, since her earliest days in this business," Mr. Plumeri said, "and have always found her to be exceptionally attuned to the sales force's needs for quality products. Besides that, she's bright and hard-working, with first rate experience in the mutual fund field."
 In her new post, Ms. Bibliowicz oversees sales and marketing for Smith Barney's proprietary (with assets of more than $55 billion) and non-proprietary mutual funds. In addition, she has similar responsibilities in the insurance and annuity product units: Smith Barney is one of the largest distributors of such products in the brokerage industry, with well over $14 billion in premiums.
 Ms. Bibliowicz joined Smith Barney from Prudential Securities, where she had managed mutual fund sales and marketing for nearly three years. Previously, she was with Salomon Brothers Inc. and Shearson Lehman Brothers Inc. A graduate of Cornell University, Ms. Bibliowicz and her family live in New York.
 Smith Barney Shearson is a wholly owned subsidiary of The Travelers Inc., (NYSE: TRV), the diversified financial services company, with assets of more than $100 billion.
 -0- 1/13/94
 /CONTACT: Bob Connor of Smith Barney Shearson, 212-698-3123/
 (TRV)


CO: Smith Barney Shearson Inc. ST: New York IN: FIN SU: PER

SH-SP -- NY034 -- 1768 01/13/94 10:29 EST
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Publication:PR Newswire
Date:Jan 13, 1994
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