William Elcock was named chief executive officer of Batterymarch Financial Management, Boston. Mr. Elcock, formerly deputy CEO, succeeds Tania Zouikin, CEO since 1991.
Mr. Elcock is an 18-year Batterymarch veteran; before becoming deputy CEO last year, he led the U.S. equity team
Ms. Zouikin will remain involved with the company as chairwoman of the board of directors and will maintain an ongoing involvement with Batterymarch clients.
"It has been my plan as CEO to implement succession in the organization's senior levels with the best people at the appropriate time," said Ms. Zouikin. "Batterymarch has had two years of rapid growth; it is the appropriate time to strengthen the management team."
Ms. Zouikin joined Batterymarch in 1981 and founded Batterymarch Canada in 1985. With the merger of Batterymarch and Batterymarch Canada in 1991, she was named CEO of the combined organization.
Dina McClung was named director of trust investments at DTE Energy Co., Detroit. She succeeds Allen Anning, who became COO of Lakefront Capital Investors. DTE has a combined $4.5 billion in defined benefit and defined contribution assets. Ms. McClung was director of trust investments for MCN Energy, a company DTE acquired last spring.
Tricia Cisneros was named director of employee benefits at Ameristar Casinos, Las Vegas; she will be responsible for the $22 million 401(k) plan and the $1.7 million deferred compensation plan. Ms. Cisneros was benefits manager; her replacement has not been named.
Fons Lute was named acting chief investment officer at Blue Sky Group, which administers e8 billion ($7 billion) in pension assets for staff of the KLM Group, Amsterdam. He was Blue Sky's head of investment strategy research, said Hans Van Roon, spokesman for Blue Sky Group.
Mr. Lute replaces Arun Ratra, who left the firm in February. Mr. Ratra would not comment on why he left.
Timothy H. Callahan, president and CEO of Equity Office Properties Trust, resigned for personal reasons. Chairman Sam Zell will assume the roles on an interim basis. A transition committee will search for a successor.
David Schofield Jr. joined Commonfund Asset Management as a managing director on the equity team, a new position, said Judson Koss, also a managing director. Mr. Schofield was director of investment management at Montgomery Asset Management, where he will not be replaced.
Andrew J. Pearl rejoined Provident Investment Counsel as managing director and portfolio manager/analyst. He had left to start his own private investment partnership. At Provident, he will focus on small-cap companies and eventually initiate coverage of the firm's midcap strategy. Mr. Pearl was a co-manager of the firm's small-cap strategy from 1992 to 2001.
Fabrizio Pierallini was named chief investment officer for international equities at Lombard Odier, London, a new position. Mr. Pierallini was CIO for international equities at Vontobel USA; Rajic Jain, deputy international equity manager, will replace him, said Thomas Wittwer, Vontobel vice president.
Rod Paris was named head of global fixed income at Standard Life Investments, Edinburgh, said Sandra Paul, Standard Life spokeswoman. He will assume the duties of Will Hay, former head of fixed income; Mr. Hay left the firm. Mr. Paris was head of global fixed income at Merrill Lynch Investment Managers. Lorna Neuber, a Merrill Lynch spokeswoman, said Mr. Paris was not replaced because the department was restructured.
Jonathan D. Scanlon was named managing director of the $615 million hedge fund group of Winston Partners, a new position, said Marvin Bush, co-founder and managing general partner of the hedge fund group. Mr. Scanlon will be based in McLean, Va. He headed the public securities and hedged strategies team at Duke Management, which handles the $2.7 billion endowment of Duke University, Durham, N.C. He was also responsible for Duke's strategic asset allocation. He has not yet been replaced at Duke, according to a spokesman who didn't want to be identified.
Larry A. Kohn is quitting as partner at headhunter Heidrick & Struggles to join Quellos Group LLC, said David Barrett, partner-in-charge at Heidrick & Struggles. Sources said Quellos, already a big player in the ultra-high-net-worth hedge fund scene, wants make a play for institutional clients. Seattle-based Quellos in March lured Bruce M. Dresner, former chief investment officer at Columbia University and a big user of hedge funds there, to its New York office. Mr. Kohn also will work out of the New York office, where he will market Quellos to pension funds, foundations and endowments, sources said. He starts May 1.
Mario Giannini was promoted to chief executive officer at Hamilton Lane, the Bala Cynwyd, Pa., private equity consulting firm. Founder Les Brun will continue as chairman but give up his CEO duties to focus more on strategic initiatives.
Mr. Giannini had been president; that job is being taken by Duke Degrassi, chief investment officer. Erik Hirsch, head of corporate finance, will become CIO.
Also at the firm, Brad Atkins, a managing director, will develop a proprietary portfolio analytics system; Lydie Brown, head of domestic marketing, and Mike Kelly, a portfolio manager, will manage the newly combined portfolio management and domestic marketing group. Paul Yett, who had headed the venture capital business unit, also will work with that group in a so-far unnamed position. Mr. Yett's position will not be filled.
Christopher McNickle has returned to Greenwich Associates, Greenwich, Conn., as a managing director, specializing in 401(k) and defined contribution research and consulting. It is a new position. Mr. McNickle had worked at Greenwich from 1989 to 1994. He rejoins the firms from NA Clearing, a startup, where he was chief executive officer.
Thomas Turpin was hired as chief operating officer at Old Mutual Asset Managers, Boston, and Kevin Hunt was hired as director of sales, marketing and product development. Both are new positions. Mr. Turpin was managing director and head of the defined contribution business at Putnam Investments. Mr. Turpin assisted with the transition when Putnam recently combined its defined benefit and defined contribution sales and marketing units into one unit led by John Brown. Mr. Hunt was managing director and head of managed accounts group at Morgan Stanley.
Larry Heller joined Buck Consultants as an associate principal in the New York office, a new position. Mr. Heller was director of benefits administration and communication at PricewaterhouseCooper's Unifi network. He is not being replaced at Unifi. Buck is a subsidiary of Mellon Financial, and Unifi merged with Mellon late last year.
