Money managers Oppenheimer Capital and Trainer Wortham have named new executives.
Bruce Koepfgen is Oppenheimer's new chief executive officer. He succeeds Colin Glinsman, who will remain chief investment officer, said Jeffrey Sheran, managing director. Mr. Koepfgen was a private investor since leaving Salomon Brothers as a managing director in 1999, said Mr. Sheran.
At Trainer Wortham, John D. Knox was promoted to president. He succeeds Charles V. Moore, who was named to the new title of chief executive officer, and remains chairman. Mr. Knox was managing director, fixed income, a role he will keep, said Greg Berardi, a company spokesman.
Gary A. Amelio was named executive director of the $109 billion Federal Retirement Thrift Investment Board, Washington. He replaced Roger W. Mehle, who returned to private practice as a lawyer. James B. Petrick, acting executive director, will resume his duties as director of benefits and investments. Mr. Amelio was senior vice president and managing director of the retirement and investment services department of PNC Bank, Pittsburgh. No information was available on his replacement. Executive recruiter Heidrick & Struggles assisted in the search.
Theodore P. Economou was appointed assistant treasurer-corporate finance at ITT Industries, White Plains, N.Y., where he will manage the assets and liabilities of the $2.7 billion pension fund. Mr. Economou replaced Clayton Young, who will retain his title of assistant treasurer but will now focus on the company's insurance businesses. Mr. Economou was director of investor relations.
Peter Langerman was recommended by the New Jersey State Investment Council to be director of the $58 billion New Jersey Division of Investment, Trenton, Mr. Langerman was named interim director in November, replacing Steven E. Kornrumpf, who resigned to become assistant state treasurer. Mr. Langerman's nomination now goes to state Treasurer John E. McCormac.
John Day, assistant executive director of the $22 billion Teachers' Retirement System of Illinois, Springfield, retired. No further details were available at press time.
Steffanie Rhinesmith joined the $6 billion Indiana State Teachers' Retirement Fund, Indianapolis, as equity analyst, a new position. She had been a financial analyst with both the Indiana Transportation Financial Authority and the Indiana Public Finance Office.
