Robert Leininger was named COO of Rorer Asset Management, confirmed spokesman Stewart Lewack. The position is new. Mr. Leininger, who has been the firm's chief compliance officer, will assume the additional responsibilities for all of Rorer's day-to-day operations. Also, Rorer hired Mark Giovanniello as a senior analyst, said Mr. Lewack. His position is also new. Mr. Giovanniello was director of research for the Colony Group, a money manager. Colony Group COO John Halsy wasn't immediately available to give details on Mr. Giovanniello's replacement.
Jeff Sharpe was named president and chief executive of Lockheed Martin Investment Management Co., which manages the Bethesda, Md.-based company's estimated $23.4 billion in pension and $17.4 billion in defined contribution assets. He replaces Janet L. McGregor, who left the company to "pursue other opportunities," said Tom Greer, a Lockheed Martin spokesman. Mr. Sharpe will report to Mary Margaret VanDeWeghe, who was named to the new position of senior vice president of finance at Lockheed Martin Corp., effective Feb. 1. Mr. Sharpe was acting president and CEO of LMIMCO while Ms. McGregor was on an extended leave of absence. Ms. VanDeWeghe was CEO of strategic and financial consulting firm Forte Consulting and a finance professor at the graduate business school at the University of Maryland. A Forte Consulting spokesman could not be reached to comment on a replacement for Ms. VanDeWeghe.