AMG Names Healey Chair
November 1, 2010
Affiliated Managers Group has selected Sean Healey, the Boston-based company's president and chief executive officer, to succeed William Nutt as chairman at the beginning of next year. Nutt will remain on the company's board of directors.
Healey, 49, has worked for AMG since 1995 when AMG had a single affiliate and under $1 billion in assets under management. The company now has 27 affiliates and approximately $300 billion in assets under management. Healey has been its president and CEO since 2005 and has been a member of the board of directors since 2001.
"Sean's leadership and vision as chief executive officer have positioned the company to achieve extraordinary growth and success over time," said Harold Meyerman, AMG's lead independent director. "Under his leadership, AMG has become a leading global asset management company with a diverse set of outstanding products, particularly in fast-growing areas such as global and emerging markets equities and alternative investments."
Before joining AMG, Healey was a vice president in the mergers and acquisitions department at Goldman Sachs.
FINRA Names Bennett Enforcement Chief
FINRA has appointed J. Bradley Bennett as its new enforcement chief. Bennett, a partner at the law firm Baker Botts in Washington, will start the job on Jan. 1, taking over from James Shorris, who has been acting chief of enforcement since Susan Merrill left the organization in March.
Bennett will be responsible for the management of approximately 300 enforcement staff in 17 offices across the United States and report to FINRA Vice Chairman Stephen Luparello.
"Brad will bring extensive knowledge and experience in dealing with violations of securities rules to FINRA at this critical time," said Richard Ketchum, Chairman and CEO of FINRA. "It is imperative that FINRA aggressively deal with wrongdoing in the industry to help rebuild investor trust and confidence in the markets."
Bennett has been at Baker Botts since 2001, where he specializes in financial and securities law violations. Previously, he was an attorney at Miller, Cassidy, Larocca & Lewin, and before that, he was a senior attorney in the Securities and Exchange Commission's enforcement division.
Doyle, Taormina, Moon Join JCPR in Senior Posts
Financial services public relations firm JCPR recently hired three senior executives. James Doyle is now a senior vice president at JCPR, responsible for the strategic media relations for a number of mutual fund, ETF and platforms. Dana Taormina is now a senior account supervisor, responsible for coordinating and executing media relations programs. Chris Moon is vice president of broadcast media relations, responsible for directing clients' television strategy, including broadcast media training, program scheduling and execution and performance.
Moon has more than 13 years of television experience, and Doyle and Taormina have more than 15 years of experience in public relations combined.
Doyle was previously with SunStar Strategic and the Investment Company Institute. Previously, he was an account representative at a Washington public relations and consulting firm.
Taormina previously worked with business-to-business, direct-to-consumer and not-for-profit healthcare and entertainment companies.
Moon was the lead producer for CNBC live financial news programs "Power Lunch" and "The Call." Prior to that, she produced business news for CNN Headline News, initiating the network's live reports from the floor of the New York Stock Exchange.
"Reputation and brand management is increasingly important for the financial services industry," said JCPR Chief Executive Officer Jennifer Connelly. "JCPR takes a unique team approach to helping clients communicate their messages to target audiences and raise brand visibility, making it possible for us to truly tell their stories and deliver substantial value. Having Jamie, Dana and Chris join us reflects our commitment to expanding JCPR's professional talent and providing specialized PR services that meet the changing needs of financial services companies today."
Libby Now With Lincoln As Regional Sales Director
Greg Libby has joined Lincoln Financial Distributors as a regional sales director on the defined contribution/401(k) team, reporting to Peter Sims, head of intermediary sales. Libby is responsible for selling Lincoln's DC small maket products to financial representatives and third-party administrators throughout Northern Florida.
Libby has more than 12 years of financial services sales and sales management experience, most recently as district sales manager at Paychex.
Barclays Wealth Recruits Deutsche Bank Exec Burke
Barclays Wealth has hired a former Deutsche Bank executive to run its Washington office.
Barclays hired Michael Burke, the former head of Deutsche Bank Alex. Brown, the U.S. private client division of Deutsche Bank, where he managed 300 advisers in 16 offices from 2006 to early last year, when he left the company to be assistant treasurer and a national trustee for United Cerebral Palsy.
Before joining Deutsche, Burke worked for Morgan Stanley for 17 years. During that time, he was national sales director for 9,000 advisers. He started his career at Smith Barney as a fixed-income specialist.
At Barclays Wealth, Burke will oversee the Mid-Atlantic region.