William C. Dierker was named senior vice president at Federated Investors and will be senior portfolio manager of Federated's global equity investment management team, a new position. He and Kevin R. McCloskey, vice president and senior portfolio manager, will share management responsibilities for Federated's global value mutual funds, including the Federated American Leaders and Stock Trust funds, and separately managed accounts. Mr. Dierker was managing director of the value team at Banc One Investment Advisors and was portfolio manager for the One Group Large Cap Value Fund.
Separately, Stephen A. Crane was named a senior investment analyst at Federated Investors, covering the banking sector. He replaced another analyst who left the company, whom Federated spokeswoman Lindsy Carmella would not identify. Mr. Crane was an analyst at Banc One Investment Advisors, covering the financial services sector. A Banc One spokeswoman said neither Mr. Dierker nor Mr. Crane would be replaced. Their duties have been absorbed by staff at Banc One's merger partner, JPMorgan Fleming Asset Management.