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February 28, 2005 12:00 AM

Victor Ugolyn was named president and CEO of William D. Witter...

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    Victor Ugolyn was named president and CEO of William D. Witter, replacing Dean "Kip" Witter III, who became chairman, a new position. Mr. Ugolyn was chairman, president and CEO of mutual fund company Enterprise Capital Management. William D. Witter subadvises the Enterprise Small Company Growth Fund. Jeff Tolvin, assistant vice president-public relations of Enterprise parent company AXA Financial, did not return a call seeking information about Mr. Ugolyn's replacement.

    John Early joined Gartmore as vice president of U.S. institutional and alternative investment sales, said Katie Cowley, a Gartmore spokeswoman. It is a new position. Mr. Early was vice president of marketing/client services at Andor Capital Management, a long-short equity hedge fund manager. Officials at Andor did not return a phone call requesting information about Mr. Early's replacement.

    Bradford S. Greenleaf joined Putnam Investments as a managing director and portfolio manager on the global core equity team; he will focus on quantitative inputs, said spokeswoman Laura McNamara. He will also become a member of the portfolio management team for the Putnam Global Equity Fund, she said. Mr. Greenleaf was most recently director of international equities at Independence Investment, where he managed portfolios based mostly on a quantitative investment process, Putnam said in a news release. An Independence spokesman said Mr. Greenleaf left in 2003 and wasn't replaced; Independence sold the unit he was working in. The spokesman declined to give further details.

    Penny Shepherd was named chief executive of the U.K. Social Investment Forum, returning to the position she held from 1997 to 2001. She will start in May, replacing Executive Director Helen Wildsmith, who is leaving to pursue study in South Africa. The position was retitled with the hiring of Ms. Shepherd, said Emma Howard Boyd, chairwoman of the U.K. Social Investment Forum and head of socially responsible investment and governance at Jupiter Asset Management. Ms. Shepherd was chief executive of the London Sustainability Exchanges, a city improvement organization. The U.K. Social Investment Forum's some 250 members and affiliates include pension funds, institutional fund managers, consultants, trade unions and banks. The forum seeks to promote the integration of social, environmental and ethical issues into standard investment practice.

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