Cheryl King was named managing director and head of marketing to foundations, endowments and the health-care sector at Victory Capital Management Inc., Cleveland. Ms. King headed the same marketing area at Dresdner RCM Global Investors, San Francisco. Dawn Vroegop, Dresdner's head of marketing, did not return a call seeking information on Ms. King's replacement. In this new position, Ms. King will oversee a focused marketing effort aimed at the non-profit market, opening a new office for Victory in San Francisco.
Separately, Victory expanded hired four sales directors. Horace Fritz is based in Irvine, Calif., and was a business development director at HighMark Capital Management Inc., Los Angeles. Emilio Maffucci is based in Albany, N.Y., and came from a company affiliated with Victory's parent company, KeyCorp, Cleveland. Paul Gurewitz is based in Irvine, Calif., and was a sales representative to unions for health-care and insurance companies. David Wagner is based in Las Vegas and was a senior vice president at American Benefit Plan Administrators Inc., El Monte, Calif.