Barry Colvin was named president of Tremont Advisors, taking over from...

Barry Colvin was named president of Tremont Advisors, taking over from Robert Schulman, who remains co-CEO with Sandra Manzke. Mr. Colvin, who was Tremont’s COO, also takes on the new position of CIO. He will oversee research, risk management, portfolio management and institutional customer services, Mr. Schulman said. Mr. Colvin will not be replaced as COO; instead, his duties will be taken on by other Tremont executives.