Thomas J. Lucey will retire from Putnam Investments June 30. Mr. Lucey, a senior managing director, is chief of institutional, retirement plan and retail businesses. Before joining Putnam in 1990, he was president of the institutional group at The Boston Co. and its Boston Safe Deposit and Trust Co. unit.
Steven Spiegel, senior managing director and head of Putnams international distribution and corporate development activities, will take over investment product distribution in the United States along with his current duties.