DALLAS -Standard & Poor's yesterday announced three executive appointments designed to improve oversight and quality assurance as part of a major overhaul in the securities rating process.

Under the new structure, Clifford Griep becomes executive managing director for rating risk management. Mark Adelson, formerly of Moody's Investors Service and founder of his own consulting firm, joins as managing director and chief credit officer. Neri Bukspan will carry the title of managing director and chief quality officer.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.