Robert Manning was named chief executive officer, president and chief...

Robert Manning was named chief executive officer, president and chief investment officer of MFS Investment Management, Boston. He had been chief fixed-income officer. Mr. Manning assumed his new job following a settlement between MFS and regulators over mutual fund market-timing and trading issues. Mr. Manning replaces former CEO John Ballen, who agreed to a nine-month suspension from the securities industry as part of a settlement with the Securities and Exchange Commission, and former President and CIO Kevin Parke, who agreed to a six-month suspension. Michael W. Roberge, director of fixed-income research, will become chief fixed-income officer as well.