Harbor Capital Advisors Inc., Toledo, Ohio, is searching for a chief investment officer, a new position. Beacon Search Group, New York, is assisting in the recruiting. "We won't be doing much before January or February," James L. Phillips, Beacon principal, said of the search. "You don't want to pay a full-year bonus before the bonuses are paid," he said. "It doesn't make sense to have to buy out someone's bonus with one or two months left in the year."
Qualifications include strong ability in manager selection and leadership, he said. Harbor has $13 billion in domestic and international equity and fixed-income portfolios, all managed by external managers. The CIO will report to David G. Van Hooser, chairman, president and chief executive officer. Anyone interested may contact Beacon.