Capital One Bank — The New York lender appointed Tom Savage as senior vice president. Savage, based in Philadelphia, will be responsible for overseeing capital provided to strategic acquirers and middle-market companies based in Pennsylvania, Delaware and New Jersey. Savage joins from TD Bank, where he spent eight years in the corporate banking group. Before that, he was also a principal for nine years at private equity firm Spire Capital. Other companies he has worked at include Fleet Bank, GE Capital and National Westminster Bank USA.
Dresner Partners — The Chicago investment bank has hired Patrick Cavanagh (pictured) as a managing director and leader of the firm's consumer products team. Cavanagh joins Dresner Partners from Scott Macon Ltd., where he worked for more than seven years on middle-market transactions across a variety of sectors, including food and beverage, automotive, business services, chemicals, health care and media. Prior to that, he was a managing director at ARG Advisors LLC, and a vice president at investment bank Valufinder Group Inc. Cavanagh was also vice president, of mergers and acquisitions at Citigroup Capital Strategies.