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Executive Moves Section

News

Fidelity to Reshuffle Staff in Four Locations

Roughly 1,000 employees will be moved to Boston and Smithfield, R.I.

Haldeman Steps Down From Putnam Roles

After postponing retirement, Putnam chairman moves on.

Fidelity Technology & Real Estate Chief Leaving

Marvin Adams has been with the company only since December 2007.

Capital Group to Lay Off 820, or 9% of Staff

American Funds' parent resorts to second round of job cuts to cope with 29% decline in assets.

Credit Suisse Creates Investment Strategies and Solutions Group

Former Dartmouth CIO David Russ will run the new division.

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Articles

Executive Moves

Meade Joins AlphaMetrix In Client Relations Group AlphaMetrix, a managed account platform for institutional and accredited investors, has hired Richard Meade as executive director of client relations, a new position created to provide excellent customer service. Meade has more than 16 years of experience in the futures industry covering operations, client services, client technology and sales.

Executive Moves

Canellos to Run SEC's New York Bureau The Securities and Exchange Commission has selected George Canellos to run its New York office. A former prosecutor, Canellos is currently a defense lawyer at Milbank Tweed Hadley & McCloy and will be joining the Commission in July. He previously worked in the securities fraud unit in the U.S. Attorney's office in Manhattan for eight years with Robert Khuzami, the SEC's new head of enforcement.

Executive Moves

Abigail Johnson Chairs Fidelity Fund Board Fidelity Investments promoted Abigail Johnson to chairman of the board of directors overseeing fixed income and asset allocation funds, yet another indication of the firm's intention to eventually name the younger Johnson successor to her father, Edward C. 'Ned' Johnson III, 78, as head of the company.

Executive Moves

ProFunds Taps Doberman As General Counsel ProFunds Group has hired Amy Doberman, formerly of the Securities and Exchange Commission, as general counsel, reporting to Chairman and CEO Michael L. Sapir.

Executive Moves

Jefferies Selects Peters to Lead Wealth Management Jefferies & Co. has hired A. Markman Peters as managing director, head of wealth management. Peters has worked in the industry for 29 years, most recently at SunTrust Bank, where he was executive vice president and head of private wealth management. Before joining SunTrust, Peters had a similar role at Citigroup Private Bank, was a managing director of private client services at DLJ Securities and spent 14 years at Goldman Sachs Private Client Services.

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