Chet Bozdog is out at BofA Merrill Lynch, where he served as co-head of its technology, media and telecom investment banking group, Axios has learned.
Bozdog had served in the role since 2013, after having previously led the bank's tech investment banking unit. There is no word yet on his future plans, or if BAML plans to give remaining group co-head Anwar Zakkour the solo title. Zakkour joined BAML from J.P. Morgan simultaneous to Bozdog's promotion.
A BAML spokesman confirmed the contents of an internal memo detailing Bozdog's departure (which it refers to as a retirement), but declined to comment further. Bozdog did not return an email sent to his work address.
