CERBERUS CAPITAL MANAGEMENT NAMES EX-JP MORGAN EXEC AS PRESIDENT – Cerberus Capital Management have appointed @Matt Zames as their new President, the former JP Morgan Executive was also in the running as a candidate for Deutsche Bank AG’s top job. The investment firm said in a statement that Zames will “lead a number of strategic investing and operating initiatives, including overseeing all investments in the financial-services industry.” Taking the role at Cerberus will mean Zames will be heavily involved in German banking, the company holds stakes in Deutsche Bank and Commerzbank AG. There have also been some internal moves, @Frank Bruno was promoted from President to Co-Chief Executive Officer and @Lee Millstein was promoted to President of International Business. #SpartanInternational