Joel Walters, assistant director of the Public Schools Retirement System of Missouri, Jefferson City, will replace departing Executive Director M. Steve Yoakum. Mr. Yoakum is leaving the $14.5 billion fund April 15 to join Rockwood Capital Advisers. The board of trustees selected Mr. Walters at its meeting April 8 but made no decision on his replacement, said Mr. Yoakum.
Barbara J. Krumsiek, former senior vice president and managing director of Alliance Capital Management's mutual fund arm, will join Calvert Group as president and CEO April 21. At Alliance, two staff members have assumed responsibility temporarily for some of Ms. Krumsiek's duties. Byron Davis is responsible for mutual fund marketing through insurance company channels. Matthew Mintzer is responsible for mutual fund marketing to 401(k) plans