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Executive Moves

Executive Moves

March 8, 2010 - Citi Names Sawhney Global Head of Funds, Hancock Selects Bieda to Direct Institutional Sales, Yepes Heads N.A. Sales For Man Investments, and Tabb Group Adds Rowady As Senior Research Analyst.

Executive Moves

March 1, 2010 - UMB Promotes Macdonald and Outridge, DTCC Selects Gilly as VP For Wealth Management and Great-West Taps Thompson For Regional 401(k) Sales.

Executive Moves

February 22, 2010 - PIMCO Taps Pickering as ETF Marketing Chief, F-Squared Forms Board to Focus on Retirement, and Feldman Becomes Baron's Head of Intermediary Sales.

Executive Moves

February 15, 2010 - OppenheimerFunds Chair Murphy Joins Korn/Ferry, Baron Appoints Feldman Head of Intermediary Sales and a Non-Profit Specialist Joins MassMutual Retirement.

Executive Moves

February 8, 2010 - Draper to Leave SocGen to Head ETFs at Credit Suisse, Goldman Taps McDermott To Head Institutional DC, Former Fidelity Manager Now With Sharon Merrill and BoA to Add 2,000 Advisers.

Executive Moves

February 1, 2010 - Russell Hires Polisson To Head Global ETFs, Retirement Income Assn. Announces New Directors, Goldman to Part Ways With Fidelity Institutional

Executive Moves

January 25, 2010 - Petrone, Rowley Take Key FRC Research, Sales PostsFinancial Research Corp. has named Larry Petrone director of research and analysis and Stoddard K. Rowley senior vice president of sales. Petrone, who was promoted from director of investment research, is now in charge of researching mutual funds, separately managed accounts, variable annuities, alternative products, sub-advised retirement plans and 529s. Prior to joining FRC, he was a senior equity analyst at WR Hambrecht & Co., and he also worked for TheStreet.com Ratings, America's Growth Capital, Walden Brook Capital Partners and Fidelity Investments.

Executive Moves

January 18, 2010 - Pioneer U.S. Sales Team Expands With Seven Hires Pioneer Investments has made seven additions to its U.S. sales team to better serve and continue the sales momentum among "larger clients, including broker/dealer wealth management platforms, independent financial advisory firms, defined contribution providers, banks, insurance firms" and defined contribution-investment only platforms, said Joseph Kringdon, executive vice president and head of U.S. retail distribution.

Executive Moves

January 11, 2010 - Celeghin, Cicero Become Partners at Casey, Quirk Casey, Quirk & Associates has promoted Daniel Celeghin and Grace L. Cicero to partners.

Executive Moves

January 4, 2010 - ING Financial Taps Ford As Chief Executive Officer ING Group has hired Lynne Ford as chief executive officer of ING Financial Solutions, the company's transformed annuity and rollover business.

Executive Moves

December 14, 2009 - MFS Investment Management has promoted Michael W. Roberge to president, effective Jan. 1. He will continue to serve as chief investment officer of U.S. investments, reporting to Robert Manning. Manning, who was previously president, will himself continue to serve as chief executive officer and chief investment officer.

Executive Moves

December 7, 2009 - Fidelity Names Perold Asset Management Chief Fidelity Investments has promoted Jacques Perold from chief operating officer of its asset management unit to chief of the $1.4 trillion division. Meanwhile, Michael Wilens, the former head, has moved over to the retirement unit as director of client management, reporting to Abigail Johnson.

Executive Moves

November 30, 2009 - Dumas, Leeson, Doucet Join Putnam DC Team Three veteran sales professionals, Alan Dumas, John Leeson and Chris Doucet, have joined the defined contribution team at Putnam Investments.

Firms Look For Compensation Alternatives

November 30, 2009 - The financial services industry has been pulling in solid profits lately, but experts say firms should be mindful about how they dole out year-end bonuses and to keep the focus on rewarding long-term performance. Taxpayers were nearly ready to bring out "le guillotine" in March after the American International Group awarded the top executives in its financial products unit $165 million in bonuses just months after the firm received $173 billion in government bailouts.

Executive Moves

November 23, 2009 - Three Join Wilmington's Wealth Advisory Business D. Jack Sawyer, Jr., Michael A. Mohr and Todd A. Tautfest have joined Wilmington Trust's wealth advisory services business in the Southeast region, all in senior roles and all three hailing from the Atlanta office of The Arden Group.