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MOODY'S PUBLIC FINANCE DEPARTMENT ANNOUNCES MANAGERIAL SHIFT

 NEW YORK, March 3 /PRNewswire/ -- Effective today, Howard Mischel was named managing director of the Regional Ratings Group for Moody's Public Finance Department and Jeffrey F. Rizzo, his immediate predecessor, has been given responsibility for the department's external relations with national issuer organizations, such as the Government Finance Officers Association, U.S. Conference of Mayors, and the National League of Cities.
 Daniel Heimowitz, director of Moody's Public Finance Department, commented that "the reconfiguration permitted senior managers the opportunity to work in some challenging new assignments." He noted that Mr. Rizzo's new role underscores the increased importance Moody's places on developing more substantive working relationships with national issuer organizations.
 The Regional Ratings Group, one of the Public Finance Department's four major rating groups, is responsible for assigning ratings to virtually all long- and short-term debt issued by all U.S. municipalities and their enterprises.
 Mr. Mischel announced that the group will be divided into seven regions. The Northeast will be managed by Michael Johnston, the Mid- Atlantic by Diana Roswick, the Southeast by David Ambler, the Central Region by Dina Kennedy, the Southwest by Robert Stanley and the Great Lakes Region by Paul Devine. The Far West Region is managed from New York by Barbara Flickinger and out of Moody's San Francisco office by David Brodsly.
 -0- 3/3/93
 /CONTACT: Howard Mischel, VP-managing director of Moody's, 212-553-4467/


CO: Moody's Investors Service, Inc. ST: New York IN: FIN SU:

CK-OS -- NY040 -- 2444 03/03/93 12:07 EST
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Publication:PR Newswire
Date:Mar 3, 1993
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