Executive Moves Section

News

Benjamin Joins U.S. Bancorp

Former UBS Exec Will Lead Investments and Insurance

Wealth Manager Hires McAleer

Industry Veteran Served at Fidelity, Merrill Lynch and Old Mutual

Callan Leaves Lehman, Joins Credit Suisse

To Head Global Hedge Fund Business

Federated Acquires Assets of Prudent Bear & Global Income Funds

David Tice to Join Firm as Chief Portfolio Strategist

Hisey Named President of AARP Financial, Funds

Promoted from Chief Investment Officer, Treasurer

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Articles

Executive Moves

Petrozzo, DePoalo New CIOs at Fidelity Daniel Petrozzo has been named new chief information officer at Fidelity Investments, and Ronald E. DePoalo is now CIO of the firm's institutional products division.

Legg Slashes CEO's, Founder's Salaries

In light of Legg Mason's recent struggles and dropping stock price, the company has slashed the pay of CEO Mark Fetting and its founder Raymond 'Chip' Mason.

Executive Moves: Merk Investments Recruits Former St. Louis Fed Prez

Merk Investments has hired William Poole, former president of the Federal Reserve Bank of St. Louis, as senior economic adviser. As president of the St. Louis Fed, Poole served on the Federal Open Market Committee and was a prominent voice on low inflationary monetary policy.

Cool, Calm & Reflective: How Flanagan Saved Invesco From Itself

Back in 2005, the chances that Amvescap, now Invesco, would make a 360-degree turnaround seemed virtually impossible, but with a little bit of time and the addition of Martin Flanagan as chief executive officer, the unlikely actually occurred.

Talent Grabs Keep Flaring Despite High Cost

Mutual fund companies and other financial services firms continue to battle one another for wealth management talent even though companies are forced to pay hefty salaries that crimp profits.

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