John Shields, president and CEO of Citizens Funds, left the firm following the expiration of his three-year contract. He was not available by press time for comment. Val Dingle, Citizens Funds vice president, marketing, said she did not know Mr. Shields future plans.
A five-member operating committee will assume Mr. Shields duties, and Sophia Collier, Citizens founder and chairwoman, also will take a more active role in the day-to-day operation of the socially responsible investment management firm.