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Shearson Lehman Brothers

COMPANY

Part of a bewildering M&A trail. In 1984, American Express acquired Lehman Brothers Kuhn Loeb for $360M, becoming Shearson Lehman/American Express.

Internally, Lehman merged with E. F. Hutton in 1988, becoming Shearson Lehman Hutton. But Hutton was pried off once again, and this entity became Shearson Lehman Brothers.

American Express sold Shearson Lehman Brothers to Travelers Group in 1993. Travelers then spun off Lehman Brothers without Shearson in 1994.

Industry:
Finance

EXECUTIVES

NameOccupationBirthDeathKnown for
Peter A. Cohen
Business
c. 1946   CEO of Shearson Lehman, 1983-90
James M. Cracchiolo
Business
c. 1958   CEO of Ameriprise Financial
Robert Druskin
Business
c. 1947   CFO of Shearson Lehman Brothers, 1984-91
Jay S. Fishman
Business
4-Nov-1952   CEO of Travelers
Richard S. Fuld, Jr.
Business
26-Apr-1946   CEO of Lehman Brothers, 1993-2008
Daniel J. Good
Business
c. 1939   Good Capital Co.
J. Tomilson Hill
Business
c. 1948   Vice Chairman of Blackstone Group
Jonathan S. Linen
Business
c. 1944   Vice Chairman of American Express, 1993-2005
Wolfgang Schoellkopf
Business
c. 1932   CFO of First Fidelity Bancorp, 1990-96
Richard Spring
Politician
24-Sep-1946   British MP, West Suffolk

PAST BOARD MEMBERS OR DIRECTORS

NameOccupationBirthDeathKnown for
James R. Boris
Business
25-Oct-1944   CEO of EVEREN Securities, 1990-99
Peter A. Cohen
Business
c. 1946   CEO of Shearson Lehman, 1983-90
Sanford I. Weill
Business
16-Mar-1933   CEO of Citigroup, 1998-2003


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