HERD

HERD

Analytic software vendor Barra Inc. has at last named a new president. Kamal Duggirala has filled the seat vacated by Richard Grinold in September. Duggirala has been director of the vendor's equity trading unit -- a role he will continue in for a transition period -- and also worked very closely in the development of the Posit system, now marketed by Investment Technology Group. Barra chairman and chief executive officer Andrew Rudd had been acting president since Grinold's departure.

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