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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 …