Matthew Burki, James Gentleman, Christopher Hood, Lorie Latham and Scott Wentsel were promoted to vice president at consultant Ibbotson Associates. Mr. Burki heads the firm's marketing group and was promoted from director of marketing. Mr. Gentleman heads the Western sales group and had been sales director for the West. Mr. Hood leads client relationship management for software clients and was promoted from director of key accounts. Ms. Latham manages the retirement consulting practice and was promoted to vice president-investment management services from senior consultant. All four retain their previous duties. Mr. Wentsel is now vice president-traditional and hedge funds-of-funds investment management; he had been portfolio manager in the traditional funds-of-funds group. Mr. Wentsel replaced Ezra Zask, director of the hedge fund advisory group, who left about a month ago, said Alexa Auerbach, Ibbotson spokeswoman.
Charles E. Sweat was hired as principal and a portfolio manager in Weiss, Peck & Greer's alternative investment group, said Daniel S. Vandivort, CIO. He will serve on the firm's event-driven arbitrage strategies team and will report to Arthur Levy, managing director and senior portfolio manager for its merger arbitrage strategy. Mr. Sweat replaces Raj Maheshwari, who recently left; his plans were unknown, said Mr. Vandivort. Mr. Sweat was a portfolio manager at Blackthorn Investment Group. Todd Banks, co-founder of Blackthorn, declined to comment on Mr. Sweat's replacement.
James Kelly was named president and COO of Third Point LLC. The positions are new. Mr. Kelly oversees day-to-day operations at the hedge fund manager, as well as business development, operational and risk management, and client service, according to a statement from the company. He reports to Daniel Loeb, founder and CEO. Mr. Kelly founded hedge fund administrator International Fund Services in 1994 and sold the business to State Street Bank in 2002.
Stuart Reeve was named a director in Merrill Lynch Investment Managers' London-based global equities team, responsible for the food, beverage and tobacco industries, according to a company news release. He will report to Ian Rowley, managing director and head of the global equity team. Details were not available at press time on whom Mr. Reeve is replacing. Mr. Reeve was an analyst with Credit Agricole Asset Management. Ian Milton, Credit Agricole director of institutional business development in the U.K., could not be reached by press time to provide details on Mr. Reeve's replacement.
Terence Burnham, a Harvard Business School professor and author of "Mean Markets and Lizard Brains", was named senior vice president and director of economics at Acadian Asset Management, said Tucker Hewes, spokesman. The position is new. Mr. Burnham, who is leaving Harvard, will report to Acadian co-CIO John Chisholm. Churchill Franklin, Acadian executive vice president, called Mr. Burnham a leading thinker in the field of behavioral finance and said his addition "will further strengthen our ability to uncover mispriced stock and countries."
Mark Hemingway was named senior vice president and general counsel at CIBC Mellon, a new position, a spokeswoman confirmed. Mr. Hemingway was general counsel and corporate secretary at industrial products company Acklands-Grainger Inc. CIBC Melon is a joint venture between the Canadian Imperial Bank of Commerce and Mellon Financial, and provides global custodial and trust services in Canada.