Merrill and JP Morgan Chase Shuffle Executives

ORGANIZATION AND MANAGEMENT

NEW YORK--Merrill Lynch and JP Morgan Chase have reshuffled their IT management.

At Merrill, Chris Corrado, CTO of the Corporate and Institutional Client group, was promoted to CTO of technology services with responsibility for infrastructure and data centers. He replaces John McGowan, who is now head of business process control at CICG. Before joining Merrill, Corrado was responsible for global IT architecture at Deutsche Bank.

Steve Norman and Rahul Merchant replace Corrado as co-CTOs of CICG

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