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Mike Kavanagh was recently named chief operating officer (COO) for the combined entity that will result from the merger of RBC Dain Rauscher Inc. and RBC Capital Markets Corporation in 2007. He is currently COO for RBC Dain Rauscher. Mr. Kavanagh joined the firm in 1985 and has had a variety of roles. Most recently he served as president of Wealth Management Services and the Clearing and Execution Services Group. In that role he led product development and delivery, Private Client Group (PCG) Research, Marketing, Community Affairs, PCG Education and Development and PCG Business Development activities, as well as managing RBC Dain Correspondent Services and Hill Thompson. Prior to that Mr. Kavanagh served in the roles of head of Strategic Planning and Corporate Development, head of Public Finance and as a public finance investment banker. Mr. Kavanagh has a bachelor's degree in finance from San Diego State University and is a graduate of the executive management program at the J.L. Kellogg Graduate School of Management at Northwestern University. He currently serves on the board of directors for the Courage Center. | 