James Scott retired as president of Quantitative Management Associates, a subsidiary of Prudential Investment Management, said spokeswoman Theresa Miller. Scott Hayward, who was named CEO of QMA earlier this week, will decide how Mr. Scott will be replaced, she said, adding that Mr. Hayward's recent appointment as CEO - a new position at QMA - was not related to Mr. Scott's retirement. She declined to provide details about Mr. Scott's retirement, but said the firm has been communicating with clients about his departure, as well as Mr. Hayward's new position. Mr. Hayward could not be reached for comment. QMA managed $46 billion in assets as of June 30.
David Edlin resigned as managing director and national sales manager with Scudder Investments, a subsidiary of Deutsche Asset Management, confirmed DeAM spokeswoman Rosalia Scampoli. Mr. Edlin was replaced by Thomas Winnick, who was the national sales manager for DeAM's financial institutions group, said Ms. Scampoli, who could not identify Mr. Winnick's replacement. Further details on Mr. Edlin's departure were not available at press time.
Guy M. Cooper joined Ennis Knupp + Associates as a principal, confirmed spokeswoman Harmony Watling. It is a new position. Mr. Cooper will initially assist Ennis Knupp as it continues to review policies and practices and examine outside managers for the $16 billion Ohio Bureau of Workers Compensation, Columbus, she said. The bureau is facing a scandal involving a rare coin fund investment. Mr. Cooper was senior vice president and CIO at American Fidelity Life Assurance. Information on a replacement was not available.