UBS Wealth hires product exec from Morgan Stanley

* UBS hires David Schrohe as COO of products division

* Schrohe comes from Morgan Stanley Smith Barney

* Schrohe was head of corporate client group at MSSB

NEW YORK, Dec 2 (BestGrowthStock) – UBS Wealth Management Americas has
hired David Schrohe as chief operating officer of its wealth
management solutions division, the company said on Thursday.

Schrohe joins UBS from Morgan Stanley Smith Barney (MS.N: ),
where he was head of the Corporate Client Group, which advises
businesses on retirement plans and other employee benefits.

Schrohe spent 16 years at Smith Barney, according to UBS
(UBSN.VX: ) (UBS.N: ).

In his new role he will report to John Brown, head of the
wealth management solutions division, which oversees product
development, strategy and research.

Brown is a former Merrill Lynch executive recruited by UBS
wealth management Chief Executive Robert McCann in November 2009
as part of his “Renewal Team” put in place to turn around the
brokerage unit.
(Reporting by Helen Kearney)

UBS Wealth hires product exec from Morgan Stanley