Money Management

GAM Investments hires managing director of U.S. business development

Maggie Gresio was named managing director of U.S. business development at GAM Investments, a spokeswoman confirmed.

It is a new position.

She will report to Gary Droscoski, managing director and head of business development North America.

Information on who Ms. Gresio replaced at GAM was not immediately available.

Ms. Gresio was managing director of sales and marketing for the U.S. West Coast at Man Group. A spokeswoman at Man Group said the company had no comment on Ms. Gresio's replacement.