Merrill Lynch's New Telecom Team Offers Broad-Based Global Expertise
NEW YORK, Jan. 18 /PRNewswire/ -- Merrill Lynch (NYSE: MER) today
announced the appointment of Ken Hoexter as First Vice President and Senior
Analyst in U.S. Telecommunications research, covering the Competitive Local
Exchange Carriers (CLECs).
Mr. Hoexter is a highly ranked telecom analyst in the Institutional
Investor All-America Research Team survey for CLECs, a new category reflecting
the fast-paced growth of this industry segment. Before joining Merrill Lynch,
he worked for Goldman Sachs and Lehman Brothers. Mr. Hoexter has a B.S. in
Finance and Marketing from Lehigh University.
"We are very pleased to have Ken onboard," said Adam Quinton, head of U.S.
Telecommunications Research. "He is highly regarded for his deep industry
knowledge and has been on the forefront of this dynamic growth industry."
Merrill Lynch's Global Telecommunications research team is led by
co-global coordinators Mr. Quinton, who recently relocated to New York from
Asia, and London-based Chris McFadden. Mr. Quinton will be covering the U.S.
wireline majors together with Megan Kulick. Other members of the US telecom
team are Linda Mutschler, covering the wireless services industry, Tom Watts,
covering satellite and emerging-data companies and Craig Irvine, covering
smaller international carriers and helping create global products.
Mr. Quinton was ranked No. 1 by Institutional Investor for telecom
services in Asia Pacific in 1997 and 1998. Most recently he headed Merrill
Lynch's regional research department in Asia Pacific which, for the first
time, achieved an overall No. 1 ranking in 1999. Mr. McFadden is currently
ranked No. 1 by Institutional Investor for pan-European telecommunications
services.
In addition to Mr. Hoexter's No. 3 Institutional Investor ranking in U.S.
CLECs, Ms. Mutschler ranks No. 1 for U.S. wireless services and Tom Watts
ranks No. 2 for satellites.
Craig Irvine, recently relocated to New York from Hong Kong, is currently
ranked No. 1 by Institutional Investor for Asia Pacific telecom services.
"We are confident we have one of the strongest telecom research teams in
the United States," said Stanley Rubin and Margo Vignola, directors, of U.S.
Fundamental Equity Research. "The talents and insights of our U.S. and global
teams will enable us to provide clients with worldclass telecom research."
Merrill Lynch Global Securities Research and Economics has more than
800 analysts in 26 countries. Merrill Lynch is the only firm to place first
in five of the six Institutional Investor regional research surveys. Among
its many research awards in 1999, the firm was also voted "Best Firm for
Research" in Euromoney's Awards for Excellence, sweeping all five categories,
a first for any firm.
SOURCE Merrill Lynch & Co., Inc.
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