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Building a niche.(management of Adams, Harkness and Hill Inc.)(Brief Article)

Boston Business Journal

| May 25, 2001 | MASON, EDWARD | COPYRIGHT 1990 American City Business Journals, Inc. (Hide copyright information)Copyright

New CEO's persistence helps raise firm's profile

Corporate transitions can become public dramas full of intrigue. Just witness the rampant speculation over whether Fleet-Boston Financial Corp.'s Terrence Murray will actually step aside and let Charles K. "Chad" Gifford take control.

At Adams, Harkness & Hill Inc., by contrast, Timothy J. McMahon quietly took the reins last month from John Adams, 65, long-time chief executive and son of the Boston investment bank's founder, part of an uneventful ascension that had been planned for more than a year.

The task ahead for McMahon, 43, is to continue following the course set by Adams, who'll stay on as chairman, while ensuring the 65-year-old firm keeps pace with the rapidly evolving world of corporate …

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