Robert J. Scott said he will retire from his position as executive director of the Public Employees' Retirement Association of Colorado, Denver, June 30. Mr. Scott has been executive director since 1984. The fund grew to more than $28 billion, from $4 billion, during his tenure.
The board of trustees has formed a five-member search committee to begin the search for a successor.
Neils Kortleve was appointed head of investment strategy and Marjolein Sol as head of the treasury department for PGGM, Zeist, the Netherlands.
Mr. Kortleve replaces Reijn Keijzer, who will become an adviser on investment policy to the board of the E45 billion ($47.2 billion) fund. The appointment takes effect Oct. 1.
The head of treasury is a new position at the fund, a spokesman said.
Anne M. Tatlock was named chief executive officer for Fiduciary Trust Co. International, New York.
Ms. Tatlock retains her position as president and will continue to oversee investment activities of the firm. She succeeds Lawrence S. Huntington, now chairman.
Mr. Huntington, who is expected to retire next year, has held the position of chief executive officer since 1973, and has been chairman since 1983.
Ms. Furlong, now senior vice president, capital planning and development, will succeed Joseph Gareau.
Mr. Gareau has been with the company for more than 25 years and will remain with the company until year-end to assist with the leadership transition.
William E. Dodge, president and chief investment strategist at Delaware Investment Advisers, Philadelphia, will take on additional responsibilities.
Mr. Dodge, who joined Delaware earlier this year, was named chief investment officer of equity investments. Richard G. Unruh, Delaware's chief executive officer and chief investment officer, previously had held that position.
Samuel Austin, head of public funds marketing at Deutsche Asset Management Americas, New York, left to head the public fund group within San Francisco-based Barclays Global Investors' business development group, said Diane Paul, a spokeswoman for Barclays Global.
Mr. Austin will begin at BGI in October.
Deutsche Asset officials did not respond to calls by press time regarding Mr. Austin's departure or replacement.
David Odenath, Prudential Investments', Newark, N.J., president, named several additional people to key positions on his leadership team.
Judy Rice, who will continue to oversee the Prudential Investments Advisory Group unit, was named executive vice president and director of program management for Prudential Investments.
Keitha Kinne, Lynn Waldvogel and John Carter join Prudential from PaineWebber.
Ms. Kinne was named senior vice president and head of investment management services and investment research; Ms. Waldvogel, previously director marketing communications, was named executive vice president and head of marketing; and Mr. Carter was named to the newly created position of senior vice president of sales for the Prudential Securities channel.
Kevin Osborn, director of sales at Prudential Securities, was named senior vice president and head of Prudential Investments Advisory Group.
Additionally, Prudential Investments is in the process of looking for a new head of sales. Neil McGuinness, former executive vice president and head of marketing and product development, left the firm to pursue business interests closer to his family and home in Boston.
Kevin J. O'Brien was named president of H.A. Schupf & Co., New York, as part of the company's expansion.
In the newly created role of president, Mr. O'Brien will report to Axel Schupf, chairman and chief executive officer. H.A. Schupf, a growth manager, was acquired by Nvest in 1998 and has been combined with Reich & Tang, another affiliate.
Mr. O'Brien had been a portfolio manager and vice president at Alliance Capital Management LP, New York, where a spokeswoman said his investment management duties have been assumed by others.
Christopher B. Burnham was appointed managing director of StockPower, an Internet company helping public companies sell stock directly to individual investors via the Web.
He will open an office in Greenwich, Conn., and plans to staff it with four to six sales and marketing professionals.
He formerly was vice chairman of PIMCO Funds, where a spokesman said Mr. Burnham's duties in overseeing offshore distribution would be picked up by existing employees. Previously, Mr. Burnham was the treasurer for Connecticut.
John J. O'Hare II was named a principal at Geneva Capital Management Ltd. in Milwaukee, joining William A. Priebe and Amy S. Croen in ownership of the firm.
Mr. O'Hare has been vice president and portfolio manager at Geneva since August 1997; he retains his titles and portfolio management duties.
Charles W. Harry Jr. was appointed director of real estate and Jeffrey D. Fisher was named consulting director of research and technology at the National Council of Real Estate Investment Fiduciaries. Both are new positions.
Mr. Harry was director of research at Glenborough Realty Trust, San Mateo, Calif.
Mr. Fisher was director of the center of real estate studies at Indiana University's Kelley School of Business.
Douglas R. Allen joined Mastholm Asset Management LLC, Bellevue, Wash., as a portfolio manager, a new position. He had been an international investment analyst at American Century Investments, Kansas City, Mo., where officials are in the process of replacing him.
Nigel Hankin and Mark Manning were appointed senior portfolio managers at Dresdner RCM Global Investors (U.K.). Mr. Hankin will be responsible for global equities and Mr. Manning, fixed income.
Mr. Hankin previously headed Metropolitan Life's European equity team and now will report to Mark Phelps, Dresdner RCM's head of global and emerging markets equity.Mr. Manning joins the group from Goldman Sachs and will report to Laurence Linklater, Dresdner RCM's head of European fixed income.
John E. Angley was named director of sales, a new position, at Driehaus Capital Management Inc., Chicago. He will head a global push into new distribution channels.
Mr. Angley formerly was a managing director at Capital Resource Advisors, Chicago, where his duties have been assumed by other staff, a spokesman said.
Michelle M. Sly joined Delaware Investments, Philadelphia, as vice president, global marketing and client services. She will focus on institutional clients in Canada and head client service for existing Canadian clients. Ms. Sly had worked as a product line manager outside the money management industry