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PRUDENTIAL SECURITIES ANNOUNCES RETAIL APPOINTMENTS

 PRUDENTIAL SECURITIES ANNOUNCES RETAIL APPOINTMENTS
 NEW YORK, June 8 /PRNewswire/ -- Prudential Securities, the third


largest brokerage firm in the U.S., announced today a number of senior management changes within the firm's retail group, including the appointment of a director of strategic planning and the promotion of three regional directors.
 Gerald H. Tankersley, 54, senior vice president, has been appointed director of strategic planning - retail, a new position within the firm. In this role, Tankersley will assess the constantly changing needs of Prudential Securities' clients and will help determine the firm's responses to those changes. Formerly the Mid-Atlantic regional director, Tankersley joined Prudential Securities in 1989 when the firm acquired the retail assets of Thomson McKinnon Securities. He will report to George A. Murray, president of the firm's retail group.
 Charles E. Grose, 44, senior vice president, will succeed Tankersley as Mid-Atlantic regional director. A 20-year veteran of Prudential Securities, Grose has held numerous managerial positions within the firm's retail branch system, including, most recently, Pacific North regional director. As Mid-Atlantic regional director, he is responsible for overseeing more than 40 branches in the states of Pennsylvania, New Jersey, Delaware, Maryland, North Carolina, Virginia and in Washington, D.C.
 Bruce E. Siegel, 48, first vice president, has been named Pacific North regional director, replacing Grose. Siegel joined Prudential Securities in 1989 as manager of the San Francisco branch. Previously, he held retail management positions with both Drexel Burnham and Merrill Lynch. As Pacific North regional director, he will oversee some 30 Prudential Securities branches in California, Idaho, Colorado, Oregon, Nevada, Utah, and Washington.
 Paul R. Richardson, 40, vice president, has been named Pacific South regional director. Richardson, who joined Prudential Securities in 1988, was most recently manager of the firm's Phoenix, Arizona, branch. Richardson replaces Carrington Clark Jr. who recently resigned from the firm. As Pacific South regional director, he is responsible for the firm's brokerage activities in California, Hawaii, and Arizona.
 Peter J. Martinez, 48, first vice president, has been named associate regional director - sales/marketing of the Pacific South Region. In this position, which is a new corporate designation replacing the title regional sales manager, Martinez will assist in the day-to-day supervision of the Pacific South Region with an emphasis on the sales and marketing aspects of the business. Martinez has been the manager of the Encino branch since joining the firm from Merrill Lynch 11 years ago.
 In commenting on the announcement, Murray said, "We're indeed fortunate to be able to call upon this depth and quality of management talent as we strive to increase our focus on the needs of our clients, prospective clients, and the many excellent people of our organization who serve our customers."
 Prudential Securities Incorporated is a fully diversified, global securities firm based in New York City. The third largest brokerage firm, Prudential Securities is a subsidiary of the Prudential Insurance Company of America.
 -0- 6/8/92
 /CONTACT: William J. Ahearn, 212-214-3955, or Jane C. Ingalls, 212-214-3958, both of Prudential Securities/ CO: Prudential Securities ST: New York IN: FIN SU: PER


PS-SO -- NY068 -- 8071 06/08/92 16:20 EDT
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Publication:PR Newswire
Date:Jun 8, 1992
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