Citadel Derivs, Credit Execs Depart

Three Citadel Securities senior executives - Chris Boas, Brad Kurtzman and Carl Mayer - have stepped down from their roles.

Three Citadel Securities senior executives - Chris Boas, Brad Kurtzman and Carl Mayer - have stepped down from their roles, Bloomberg reports. Boas served as head of credit markets for Citadel Securities, while Kurtzman was managing equity derivatives sales and trading. Mayer was head of leveraged finance. Citadel is seeking replacements for Boas and Kurtzman, while John Kilgallon, who works in the leveraged finance group, will succeed Mayer. Boas joined Citadel’s hedge fund in 2006, and later moved to the firm’s investing banking arm. Mayer was previously working head of leveraged finance capital markets at Merrill Lynch. Kurtzman also worked at Merrill, and joined Citadel in 2009.

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