William J. McDonough, former chairman of the Public Company Accounting Oversight Board and former president of the Federal Reserve Bank of New York, has joined Merrill Lynch & Co. as a vice chairman and special adviser to chief executive Stan O'Neal.
McDonough , 71, stepped down from the PCAOB in November. In a statement, Merrill Lynch said that McDonough will help the investment bank with its business-development efforts with governments and financial institutions. McDonough will be based in New York.
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