Printer Friendly

RESEARCH DIRECTOR JACK L. RIVKIN NAMED VICE CHAIRMAN OF SMITH BARNEY SHEARSON

 NEW YORK, Aug. 3 /PRNewswire/ -- Jack L. Rivkin, director of global research at Smith Barney Shearson Inc., has been named a vice chairman of the brokerage and investment banking firm, it was announced today by Robert F. Greenhill, chairman and chief executive officer.
 Mr. Rivkin joined the firm in May 1993 to take over the newly created post of director of global research.
 Mr. Greenhill said that Mr. Rivkin's appointment as a vice chairman reflects "the research division's keystone role in the future of Smith Barney Shearson and Jack's proven ability to build a first-rate research organization in the U.S. and overseas."
 One of Mr. Rivkin's principal responsibilities is the expansion of the new firm's research capabilities, now consisting of 75 analysts and economists in the U.S. and abroad, covering 700 companies. The merger of Smith Barney and the retail and asset management businesses of Shearson Lehman Brothers Inc., completed over the weekend, has created a sales organization of approximately 10,500 brokers.
 In 1973, Mr. Rivkin was named associate director of research at Mitchell Hutchins, and in 1977, after its acquisition by PaineWebber, became director of research for the combined operations. In 1980, he became chief financial officer of PaineWebber, then ran its institutional brokerage and asset management arm, PaineWebber Mitchell Hutchins; in 1984, he took over its direct investment operations, PaineWebber Capital.
 He joined Shearson Lehman Brothers in 1987 as director of research; in 1990, Shearson became the top ranked firm in Institutional Investors' All America Research Team poll, rising from the 15th position in 1986.
 In 1990, Mr. Rivkin was named co-director of the equity division of Lehman Brothers, the capital markets and investment banking arm of Shearson Lehman, and in 1991, director of the equity division, with responsibilities for global research, and trading and distribution of all equity and equity-related securities for Lehman. He resigned from Lehman in 1992.
 Mr. Rivkin is a graduate of the Colorado School of Mines and earned a MBA from Harvard Graduate School of Business Administration. He and his family live in Amangansett, N.Y.
 Smith Barney Shearson is a wholly owned subsidiary of Primerica Corporation (NYSE: PA), the diversified financial services company, with asset of more than $25 billion.
 -0- 8/3/93
 /CONTACT: Bob Connor of Smith Barney Shearson, 212-698-3123/
 (PA)


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

SM-LG -- NY017 -- 8760 08/03/93 09:19 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Aug 3, 1993
Words:405
Previous Article:KNOWLEDGE ADVENTURE INTRODUCES SPACE ADVENTURE FOR THE MACINTOSH
Next Article:WISCONSIN PHARMACAL COMPANY REPORTS THIRD QUARTER OPERATING RESULTS
Topics:

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters