Matt Zames steps down as president of Cerberus

(Reuters) Cerberus Capital Management LP said on Monday Matt Zames was stepping down as president of the private equity firm and chairman of Cerberus Technology Solutions (CTS). A former chief operating officer at JPMorgan Chase & Co, Zames was instrumental in the establishment of CTS, a subsidiary of Cerberus that is focused on the application of technology and advanced analytics for businesses.

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