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KARL R. WYSS, FORMER LEAR SIEGLER CEO, JOINS DLJ MERCHANT BANKING GROUP

 NEW YORK, Dec. 2 /PRNewswire/ -- Karl R. Wyss, 53, formerly chairman and chief executive officer of Lear Siegler, Inc., has joined the Merchant Banking Group of Donaldson, Lufkin & Jenrette as a managing director, the firm announced today.
 "Karl's rich depth of experience as an operating executive adds a valuable asset to our merchant banking team," said Hamilton E. James, DLJ merchant banking head. "This will be of immense help to the companies we invest in, as well as to our overall merchant banking efforts, as Karl will help us provide a new perspective to discover and create the full value in our present and future investments."
 Mr. Wyss joins DLJ from Lear Siegler, a diversified industrial and consumer company, where he was chairman and chief executive officer. Prior to that, from 1980 to 1989, he served in various senior executive capacities with Automatic Data Processing, Inc. Mr. Wyss was a consultant with McKinsey and Company, Inc. from 1974 to 1980. He began his career in 1964 with IBM World Trade Corporation in Zurich, Switzerland.
 Mr. Wyss holds an M.B.A. with distinction from the New York University Graduate School of Business Administration and a degree, magna cum laude, in economics and law from the University of Zurich. He also served as a first lieutenant in the Swiss Army.
 Since its founding in l959, Donaldson, Lufkin & Jenrette has emerged as a major force in each of the professional financial markets it serves: investment and merchant banking, institutional securities trading and research, investment management and correspondent brokerage services. DLJ is an independently operated subsidiary of The Equitable Companies Incorporated.
 -0- 12/2/93
 /CONTACT: Catherine Conroy of Donaldson, Lufkin & Jenrette, 212-504-3275 or Peter Cullum of Donley Communications, 212-751-6126/
 (EQ)


CO: Donaldson, Lufkin & Jenrette; Lear Siegler, Inc.; Equitable
 Companies Incorporated ST: New York IN: FIN SU: PER


LG -- NY046 -- 9736 12/02/93 10:57 EST
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Publication:PR Newswire
Date:Dec 2, 1993
Words:314
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