Mr. Steinberg joins Macquarie with over 17 years experience in equity derivatives, equity … For personal use only Average annual compensation at Macquarie is $300,000, including bonus, well shy of Goldman Sachs' GS.N roughly $500,000, said Victor German, an … Stevan Vrcelj, currently the head of cash equities, will take over as group head of Macquarie Securities. Roy Laidlaw, global head of Macquarie Securities Group, said, “The highly regarded FPK team now forms a key part of Macquarie’s client offering to financial institutions. It's entirely possible that Roy Laidlaw doesn't have an awful lot to do with interior designers in his daily life as joint head of Macquarie Group's securities business. Roy Laidlaw retired as Executive Chairman of Macquarie Securities Group Roy Laidlaw, head of Macquarie Capital, just announced he's retiring in March, a little more than six months after Michael Carapiet retired from running that unit. Mr Burke joined Macquarie in 1991 and was Group Head of Equity Markets Group (EMG) from October 2005 until the merger in April 2008 of EMG and Macquarie Capital Securities to form MSG. Prior to making the shift back to Australia where he has lived before, Laidlaw had been managing director and head of cash equities for Asia ex-Japan at JPMorgan. Roy Laidlaw retired as Executive Chairman of Macquarie Securities Group and Head of Macquarie Capital – Greg Ward succeeded Mr Sheppard as Deputy Managing Director of MQG and CEO of MBL – Patrick Upfold succeeded Mr Ward as Chief Financial Officer of MQG – Tim Bishop succeeded Mr Laidlaw as Head of Macquarie Capital. The Group Head of the two units, Roy Laidlaw, will replace Mr Carapiet in the role of executive chairman of Macquarie Securities and will continue as group head of Macquarie Capital. Richard continues in the important role of Chairman of the Macquarie Group Foundation. Macquarie Group deputy managing director and Macquarie Bank chief executive Richard Sheppard will retire on 20 December after 36 years with the company. Mr. Steinberg will report to Roy Laidlaw, Group Head of Macquarie Securities, and will serve as a member of the Senior Management Committee for Macquarie Securities. Greg Ward assumed these positions and Patrick Upfold succeeded him as Chief Financial Officer of Macquarie Group. Roy Laidlaw will become sole Group Head of MSG, effective 1 April, 2009. Limited following a distinguished 36-year career with Macquarie. Macquarie said Roy Laidlaw, currently the group head of Macquarie Capital and Macquarie Securities, will replace Carapiet in the role of executive chairman of Macquarie Securities and will continue as Group Head of Macquarie Capital. 'Thirty-six years is a long time to devote to Macquarie's Sheppard signs off - InvestorDaily Jardine Fleming veteren Roy Laidlaw has taken up the post of executive director and managing director of Macquarie Bank's institutional stockbroking business in Sydney. Executive chairman of Macquarie Capital and Macquarie Securities Group, Michael Carapiet, will be replaced by Roy Laidlaw when he retires in July, Macquarie Group Ltd said on Thursday. 11.