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Thomas E. Territ is President of Federated Securities Corp. In that capacity, he is responsible for Federated's overall sales efforts. He leads Federated's five sales units - broker/dealer; bank broker/dealer; trust and capital markets; global and institutional; and separately managed accounts - while overseeing the efforts of the 170-member sales force. Territ is a 24-year veteran of the company who served most recently as national sales director for several of Federated's sales divisions. | 