David E. Gonzalez was named vice president of sales and marketing at Cordillera Asset Management, confirmed Michael C. Barela, president and portfolio manager. It is a new position. Mr. Gonzalez is based in the firm's new Chicago office. He was previously COO and head of business development at Optimo Asset Management; no further information was available.
David Hoile will join Watson Wyatt Worldwide in August as senior investment consultant responsible for researching asset classes. It is a new position. "Given the increasing complexity of asset classes and its importance in investment solutions, we need to research into as many asset classes as possible," spokesman Paul Deane-Williams said in an interview. Mr. Hoile was head of U.K. investment research at Aon Consulting. Aon is searching for his replacement, spokesman Sebastian Clarke said.
Thomas J. Leder and Paul F. Pesile were appointed senior retirement consultants for Pentegra Retirement Services, confirmed spokeswoman Sherry Horowitz. Both positions are new. They report to Richard Rausser, vice president of Pentegra's consulting services division. Mr. Leder was retirement services district manager at ADP Retirement Services. Debbie Morris, a spokeswoman for ADP, was not available for comment on a replacement at press time. Mr. Pesile was customer service manager at Mellon Financial Corp.'s Human Resources & Investor Solutions, now Affiliated Computer Services, according to a Pentegra press release.
Paul Kandel joined Sentinel Asset Management as a senior portfolio manager and manager of the $180 million Sentinel Mid Cap Growth fund. Mr. Kandel replaced Robert L. Lee, who left the company, said spokesman Barry M. Schwartz. No details on Mr. Lee's plans were available. Mr. Kandel will be based in New York, he said in a telephone interview. Through June 2005, Mr. Kandel had been a senior portfolio manager at Dreyfus Corp., co-managing the growth equity portion of several funds, including the Dreyfus Premier New Leaders Fund, the Dreyfus Premier Future Leaders fund and the Dreyfus Growth Opportunity fund, according to a news release.