June 1,2002
BB&T Asset Management: Keith Karlawish has been promoted to president at BB&T Asset Management, replacing David McMahon, who has been tapped as corporate economist for BB&T Funds Management Group. [Mutual Fund Market News, May 20, 2002]
Depository Trust & Clearing Corp.: Gary LaCara has been elected comptroller for the Depository Trust & Clearing Corp., succeeding Robert Bennett, who retired. [InvestmentNews, May 6, 2002]
Dimensional Fund Advisors: David Salisbury has left Schroders PLC to join Dimensional Fund Advisors as chief executive of its European operations. [InvestmentNews, May 6, 2002]
E*Trade: Steve Haas has left his post to coordinate efforts to build third-party money managers at E*Trade Financial's retail wrap group. [Fund Marketing Alert, May 20, 2002]
Fidelity Investments Institutional Brokerage Group: Daniel T. Hart has left ABN AMRO to join Fidelity Investments Institutional Brokerage Group as regional vice president of sales. Jeffrey E. Filimon has joined the company from Pershing as vice president of relationship management. [InvestmentNews, May 6, 2002]
Gartmore Global Investments: Bruce Johnston has left Conseco Capital Management to join Gartmore Global Investments as president and chief executive officer. [Ignites.com, May 24, 2002]
Hotchkis and Wiley Capital Management: Kent Grether has left McKinley Capital Management to join Hotchkis and Wiley Capital Management as managing director of institutional marketing. [InvestmentNews, May 6, 2002]
Jefferies & Co.: Howard B. Fife has left Lazard Freres & Co. to join Jefferies & Co. as senior vice president of high-yield sales. [InvestmentNews, May 6, 2002]
Julius Baer: Melvin Lindsey, formerly of Wells Capital Management, has joined Julius Baer as first vice president and director of business development, a newly created post, to spearhead the firm's efforts in the West Coast. [Fund Marketing Alert, May 20, 2002]
Mellon Bank: Padel Lattimer has left Citibank to join Mellon Bank as first vice president responsible for distributing its services to mutual fund firms. [Ignites.com, May 17, 2002]
Merrill Lynch Investment Managers: Jerry Miller has been promoted to chief operating officer retail at Merrill Lynch Investment Managers, replacing Dennis Reens, who temporarily held the position after the departure of Paul Galietto. [Ignites.com, May 24, 2002]
MONY Life Insurance: Steven G. Orluck has been promoted to executive vice president of MONY Life Insurance. The following have been promoted to senior vice president: Evelyn L. Peos, head of the life insurance division; Ernest Rogers, chief information officer and head of the information technology department; Michael Slipowitz, chief actuary and head of the "closed-block" business unit; Robert O. Wright, head of the career agent system; and Kimberly Sindrow, head of human resources. Finally, Stanley E. Brallier has been appointed head of distribution channels for MONY's corporate strategy group. [InvestmentNews, May 6, 2002]
Potomac Asset Management: Thomas H. Parnell has left Rothstein Investment Advisory Services to join Potomac Asset Management as vice president and director of business development. [InvestmentNews, May 6, 2002]
Prudential Financial: Bernard Winograd has been tapped president of Prudential Investment Management and chairman of Prudential Real Estate Investors. [InvestmentNews, May 6, 2002]
Prudential: James King has been named head of investment services for Prudential's retirement unit. King will oversee a network of wholesalers that support defined contribution plan sponsors. [Ignites.com, May 17, 2002]
Rydex: Michael Carpenter has left IDEX to join Rydex as national sales manager for broker/dealer distribution. Carpenter is replacing Dennis Hearns, who has shifted into a business development position. [Ignites.com, May 24, 2002]
State Street: Farnaz Milani has left Bank of New York to join State Street as vice president of offshore sales. Based in London, Milani will be responsible for offshore business development in the U.K. for Luxembourg, Dublin and Cayman funds. [eFinancial News, May 14, 2002]
Torrey Associates: Don Stracke has left Dresdner RCM Global Investors to join Torrey Associates as managing director of the institutional group. [InvestmentNews, May 6, 2002]
Touchstone Securities: Patrick T. Bannigan has left Evergreen Investment Services to join Touchstone Securities as senior vice president and officer in charge of Touchstone Investments. Bannigan will be responsible for sales and profitability of the Touchstone Family of Funds and variable annuities. [InvestmentNews, May 6, 2002]
Turner Investment Partners: Kevin P. O'Rourke has left Walnut Asset Management to join Turner Investment Partners as Midwest regional sales director of managed accounts. Roger Early joins the company from Rittenhouse Financial Services as chief investment officer. [InvestmentNews, May 6, 2002]
UBS Global Asset Management: Brian M. Storms has been named UBS Global Asset Management's chief executive for the Americas, responsible for business in the U.S. and Canada. Storms succeeds Benjamin F. Lenhardt Jr., who remains chairman of UBS Global Asset Management for the Americas. [InvestmentNews, May 6, 2002]
Wellington Management: Perry Traquina has been tapped to take on the role of chief executive officer, in training. Traquina is expected to take over as chief executive officer when Duncan McFarland retires in a few years. [Ignites.com, May 17, 2002]
Zions Bancorp: Harris H. Simmons president and chief executive officer of Zions Bancorp, has been elected to the additional post of chairman, succeeding Roy W. Simmons, who retired. [The Wall Street Journal Online, May 7, 2002]
Except where noted, provided by: Ink Spot News
