CHICAGO, Oct. 27 /PRNewswire/ -- EVEREN Securities, Inc. today announced
the appointment of three new analysts to its equity research department,
enhancing the firm's coverage of investment opportunities in healthcare and
telecommunications.
John M. Putnam, senior vice president of healthcare medical devices; Bruce
A. Hochstadt, senior vice president of healthcare services; and Nimal
Vallipuram, senior vice president, telecommunications/semiconductors, have
joined the firm, reporting to Edward E. Dunleavy, executive vice president and
director of EVEREN's equity research group.
"We are pleased to strengthen EVEREN's equity research department with the
addition of these individuals," Dunleavy said. "The recent integration of our
research, trading, institutional sales and investment banking functions into
client-focused teams enhances our ability to recruit top professionals and
deepen an already talented organization."
Putnam joins EVEREN from Leerink Swann & Company, where he served as
senior vice president and director of research. He joined Leerink Swann in
1997, where he founded the institutional research department, specializing in
healthcare. Putnam, a chartered financial analyst, received a bachelor's
degree from Baldwin-Wallace College and a master's degree in business
administration from George Washington University.
Hochstadt joins EVEREN from Jefferies & Company, where he was a vice
president and senior equity research analyst since 1997. He earned a
bachelor's degree from Harvard University, a doctor of medicine degree from
Boston University School of Medicine and a master's degree in business
administration from The Wharton School of the University of Pennsylvania.
Vallipuram joins EVEREN from Bear Stearns Companies Inc., where he was
senior semiconductor analyst since May 1996. He earned a bachelor's degree
from Indian Institute of Technology in New Delhi, India and a master's degree
in business administration from Northeastern University.
EVEREN's capital markets division serves the market needs of corporations
and governments as well as the interests of investors through a range of
activities, including investment banking, trading, institutional sales and
research of equity, taxable fixed-income and municipal securities. The firm
focuses on growing companies in selected industries, including:
consumer/retail, energy, financial services, healthcare, industrial/capital
goods, technology and telecommunications.
EVEREN Securities, Inc., a subsidiary of EVEREN Capital Corporation
(NYSE: EVR), ranks among the 10 largest national full-service brokerage firms
in the U.S. EVEREN serves individual, corporate, municipal and institutional
clients through an integrated network of approximately 1,700 investment
consultants in 170 offices. The firm combines the capital markets resources
of a large national organization with the personalized service and dedication
of a smaller firm. Currently, EVEREN holds approximately $57 billion of
client assets in more than 600,000 active client accounts. EVEREN Securities
is a member of the Securities Investor Protection Corporation, the New York
Stock Exchange and other principal exchanges. For more information, visit the
firm's web site at http://www.everensec.com.
SOURCE EVEREN Securities, Inc.
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CONTACT:
Wilson Medina, 312-574-5152, or Elise G.
Powell, 312-574-5229, both of EVEREN Securities
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