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January 14, 1988

John H. Kissick, an executive vice president and director of corporate finance in the Beverly Hills office of Drexel Burnham Lambert, has been named a member of the New York-based investment house's 16-member executive committee and appointed a director of its holding company.

Kissick, 46, West Coast corporate finance chief for Drexel since 1975, has overseen the firm's enormous growth as an investment banker.

At the same time, Drexel announced that its chief executive officer in New York, Frederick H. Joseph, 50, was appointed president of the firm's holding company, the Drexel Burnham Lambert Group.

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