Boston Co. Asset Management is expected to have a new CIO for domestic equity investments shortly to, in part, replace Alexander (Toby) Webb III, former CIO who left the firm May 30, according to Vincent Loporchio, spokesman.
The new CIO for domestic equity will not be in charge of other asset classes, as was Mr. Webb.
Managing directors of the firm's various investment groups who reported to Mr. Webb now report to Francis D. Antin, CEO.
Mr. Webb left to form his own consulting firm in the Boston area, said Mr. Loporchio. Mr. Webb couldn't be reached for comment.