Merrill Lynch’s Chief Americas Energy Trader Said to Leave Firm

By Margot Habiby and Matthew Leising

May 29 (Bloomberg) -- Jeremy Taylor, head of Bank of America Merrill Lynch’s energy trading in the Americas, has left the company, according to people familiar with its operations.

Also gone are Andrew Davis, who traded zonal electric power for the U.S. Northeast, and Matt Schicke, who traded coal, the people said. Taylor, managing director of Americas energy trading for Merrill Lynch Global Commodities, previously worked at Koch Carbon Inc., according to Bloomberg data.

Taylor, who was based in Houston with the other traders, couldn’t immediately be reached for comment. Danielle Robinson, a spokeswoman for Bank of America Merrill Lynch based in New York, said the company doesn’t comment on personnel.

The company named Pat Abercrombie as head of Americas Basis and Physical Gas trading; Michael Carson and Steve Wolf as co- heads of Americas Power; and Arden Majewski, head of Americas Financial Gas after the departures, one of the people said.

All of the new appointees are in Houston. They will report to Rob Jones in Houston and David Goodman in London, the company’s global co-heads for commodities.

Bank of America acquired Merrill Lynch & Co. in January after the brokerage lost billions of dollars tied to mortgages.

To contact the reporters on this story: Margot Habiby in Dallas at mhabiby@bloomberg.net; Matthew Leising in New York at mleising@bloomberg.net.