Career moves

Paul Arevalo, who joins as a managing director in Pasadena, adds to the broker-dealer's California growth path since it entered the state a decade ago.

The transition should not affect state credit, said John Ceffalio, senior research analyst for municipals at CreditSights.

John Pellici and Yaffa Rattner bring deep public finance experience to Hilltop.

Most recently, he was a principal investment officer and head of global equity at the Los Angeles County Employees Retirement Association, or LACERA.

Kyle Hemminger joined Cain Brothers this month in Columbus, Ohio.

The board will have 15 members for its fiscal year starting Oct. 1.

A compendium of changes in the municipal industry.

The acting New York City Transit president was in line for a board chairmanship had state lawmakers approved Gov. Andrew Cuomo's measure to split the authority's top positions.

Michael Pagano, a "dean" of government finance with a national reputation, will hand the mantle as director of the university's Government Finance Research Center next month to Deborah Carroll.

SWS Capital Management, which manages the Clear Vision Impact Fund, has hired a Detroit-based analyst/investor.

Brian Egan will take up the mantle of being the primary voice for bond lawyers in Washington.

Locke Lord's Texas public finance team continues to expand with the addition of Arnold Cantu from Norton Rose Fulbright.

The team from Bank of New York Mellon will notably expand Ice Miller's arbitrage rebate compliance practice as a component of its public finance services.

Analyst John Kenward and public finance commercial manager Kathy Evers retired this spring.

Giroux brings to the MSRB her experience advocating on behalf of both broker-dealers and bond lawyers.

Ivan Samstein will take the top fiscal post at University of Chicago Medical Center. The university will conduct a national search for his replacement.

Natalie Brown replaces Dominick Mondi, who retired earlier this year.

Patrick Foye will leave as chairman and CEO, with Sarah Feinberg elevated to chairman and Janno Lieber becoming chief executive officer.

Daniel Isacksen Jr. replaces the retiring interim chief financial officer, Cynthia Clemence, for the Livonia, Michigan-based hospital system.

Shea, a veteran of the municipal bond business, joins the insurer's board. She will serve on its audit and environmental and social responsibility committee.