Lehman, TMX, Nexa


Global investment bank Lehman Brothers has named Herbert McDade as president and COO. Prior to his new appointment, McDade was the global head of Lehman's equities division, a position he has held since June 2005. He also served as global head of the fixed-income division from 2002 to 2005 and as co-head of the fixed-income division from 2000 to 2002. McDade succeeds Joseph Gregory.


Thomas Kloet has been picked as CEO of TMX Group, the operator of the

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