The $4 billion New Mexico Educational Retirement Board, Santa Fe, hired Danny Joe Lyle as its executive director.
Mr. Lyle is replacing Frank Ready, who left New Mexico to become the executive director of the Mississippi Public Employees' Retirement System.
Mr. Lyle now is financial director of the Albuquerque Public School System; he starts his new job June 17.
Bradley F. Totherow, vice president, was named CIO of Cadinha & Co., a money management firm in Honolulu. Mr. Totherow joined the firm as research analyst in 1988, and succeeds Harlan J. Cadinha, who will continue as chief investment strategist.
Tom Chapin, principal, has been named head of the investment contracts group at Vanguard Group. He replaces Michael Odlum, who will head up Vanguard's new personal advisory services group. Mr. Chapin had been assisting Mr. Odlum in managing the stable value operation. Vanguard has about $8.85 billion in stable value/GIC assets.
Van Harissis was named portfolio manager of the $2.4 billion Phoenix Growth Fund and head of the Hartford, Conn.-based Phoenix Duff & Phelps core growth team, overseeing institutional and mutual fund portfolios investing in large-capitalization growth stocks.
Mr. Harissis joined the firm in August and has been instrumental in its launch of two mutual funds: Strategic Theme Fund and Small Cap Fund.
Bill Newman, the firm's chief investment strategist, had been managing the Phoenix Growth fund on an interim basis. He will continue to run two other funds.
Robert D. Weiss, former director of marketing of Weiss, Peck & Greer, New York, was named executive vice president of the pension management division of Zurich Investment Management, Chicago. He replaces John Angley, who resigned earlier this year from the former Kemper Asset Management after it was acquired by Zurich Insurance in its purchase of Kemper Corp.
J. Steven Neamtz, former executive vice president of New England Funds L.P., Boston, was named president and director of SunAmerica Capital Services and executive vice president of SunAmerica Asset Management, New York.
He will expand and broaden distribution for the asset management subsidiary and spearhead new product development. Mr. Neamtz replaces Matt Lobas, who left last year to join New York-based Chase Manhattan Bank's Vista Funds family. Mr. Neamtz hasn't yet been replaced at New England Funds.
Richard J. Kradjel joined Salomon Brothers, New York, as a vice president in the private placements department. He will be responsible for private equity placements, including direct equity and limited partnerships. Previously he was a vice president in the private equity finance group at BT Securities Corp., a unit of Bankers Trust New York Corp.