|Occupation||Senior VP and head of Fixed Income, Currencies and Commodities|
He is responsible for the group across asset classes and regions, and is on the global markets & investment banking executive committee. He has been in that role since October 2007. He reports to the presidents and chief operating officers of Merrill Lynch.
Sobotka joined Merrill Lynch in November 2004 as head of the Global Commodities Group, after the company acquired the trading businesses of Entergy-Koch, LP. There, he served as president of Entergy-Koch, with responsibility for overseeing the business strategy and profitability of Entergy-Koch Trading, LP (North America), Entergy-Koch Trading, Ltd. (Europe), and Gulf South Pipeline Company, LP.
Sobotka began his career as a research analyst at the Federal Reserve Bank of New York. From 1979 to 1990, he was a trader and then a trading manager in the precious metals market for UBS, Citibank and Lehman Brothers. In 1991, he assumed responsibility for Lehman's energy derivatives business involving the crude oil, fuel oil and refined products markets. Sobotka started the natural gas trading desk at Lehman and in 1993 spearheaded the formation of the Citizens Lehman joint venture for power trading. From 1993 to 1997, he was managing director of all commodity trading at Lehman and was located in London for most of that time.
In 1997, Sobotka joined Koch Industries, Inc. to begin a base metal trading operation in London. In 1998, he moved to Houston to assume the role of president of Koch Energy Trading, Inc., the natural gas, power and weather derivatives trading arm of Koch Industries.
Sobotka holds a Bachelor of Arts degree in economics from Yale College.
- David Sobotka. Merrill Lynch.