Ted Aronson, managing partner of Aronson + Johnson + Ortiz, was elected incoming chairman of the Association for Investment Management and Research, Charlottesville, Va. Monique Gravel, vice-president of CIBC World Markets, was elected incoming vice chair. Their one-year terms will begin Sept. 1.
Charles Ellis, founder and senior adviser at Greenwich Associates, was given the AIMR's award for professional excellence. In addition, Robert Merton, the John and Natty McArthur University Professor at Harvard Business School and the 1997 Nobel laureate in economics, was presented with the Nicholas Molodovsky Award for outstanding contribution to the investment profession.
