Gloria Reeg was named CIO at NewYork-Presbyterian Hospital, New York, confirmed spokesman Bryan Dotson. It is a new position. Ms. Reeg oversees the hospital’s $2 billion investment portfolio and reports to Phyllis Lantos, executive vice president, CFO and treasurer. Ms. Reeg was previously treasurer of the board of trustees for the Casey Family Programs, a Seattle-based foster care foundation with $2.6 billion in endowment assets, according to David Danielson, Casey CFO. Ms. Reeg has not been replaced. Before that, Ms. Reeg was global head of fixed income and executive director at Principal Global Investors.
Mark Szycher was named vice president, enterprise risk management, at General Motors Asset Management, and Elizabeth Kale was named chief client officer, according to spokeswoman Melisa Tezanos. Both positions are new.
Mr. Szycher — who reports to Mike Klehm, president and COO — was chief risk officer and director of research at hedge fund Weston Capital Management. Weston Capital spokeswoman Sandra Carey was not available at press time to provide information on his replacement. Ms. Kale — who reports to CIO Nancy Everett — was a senior client officer at Goldman Sachs Asset Management. Christopher Williams, spokesman for Goldman Sachs, said Ms. Kale left in November. He was not able to provide further details at press time.
Glenn Buggy, partner in the financial services practice of executive search firm CT Partners, assisted in the searches.
Rodger A. Lawson was named president of FMR Corp., the holding company for Fidelity’s businesses, effective Aug. 6, said spokeswoman Anne Crowley. The position has been vacant for more than six years, she said. Mr. Lawson will be responsible for Fidelity Employer Services Co., Fidelity Investments Distribution and Operations Co. and Fidelity Technology Group. Fidelity Chairman and CEO Edward C. Johnson will continue to oversee Fidelity Management & Research, Pyramis Global Advisors and Devonshire Investors, as well as the parent firm’s administrative functions. Mr. Lawson, 60, was vice chairman of Prudential Financial, responsible for its international insurance and investments divisions. Prudential spokeswoman Terry Miller said Mr. Lawson left Prudential in March, and was replaced by Mark Grier.
Alain Dromer was named CEO of Morley Fund Management, the U.K. asset management arm of Aviva Group, confirmed spokeswoman Elizabeth Saint. Mr. Dromer will report to Andrew Moss, chief executive of Aviva, and will join Aviva’s executive committee. Mr. Dromer, who starts Sept. 3, was also named CEO of Aviva Global Investors, a new global asset management operation. At Morley, Mr. Dromer replaces Keith Jones, who retired last fall. Mr. Dromer was most recently the global head of group investment businesses at HSBC. He was replaced by Mark McCombe, formerly chief executive of HSBC Private Bank, according to spokesman Malcolm Wallis.
Ron Panzier was promoted to CEO of hedge fund-of-funds manager MayerCap. He will retain his previous title and duties as chief risk officer and managing director. Mr. Panzier is a co-founder of the firm and continues to serve on the firm’s investment and management committees, said Sam Kirschner, managing director. Mr. Panzier assumed the CEO slot from Eldon Mayer, who will focus on his other roles of CIO and senior managing member, said Mr. Kirschner.
Keitha Kinne was named managing partner and COO of Managers Investment Group. The position is new, confirmed a company spokesman. She will be involved in expanding the company’s mutual funds and separately managed accounts, according to a news release. Ms. Kinne was director of key accounts at Legg Mason, confirmed spokeswoman Mary Athridge. Legg Mason will search for Ms. Kinne’s replacement; in the interim, her responsibilities will be assumed by Donald Froude, head of U.S. distribution.
Greg Hartch was named managing director of international real estate at GE Asset Management. The position is new, said spokesman Chris Linehan. Mr. Hartch will focus on expanding the firm’s European real estate strategies. Mr. Hatch was a senior vice president and director of fixed income at GE Asset Management; those responsibilities are now handled by Katy Rossow, who was named head of fixed-income research last month.
Peter K. Scaturro joined Goldman Sachs as managing director and global head of private wealth management. The position is new, said spokesman Christopher J. Williams. Mr. Scaturro will report to Peter S. Kraus, managing director and head of the investment management division, which includes the private wealth management unit and Goldman Sachs Asset Management. Mr. Scaturro was CEO of U.S. Trust. He left the bank in April, prior to its acquisition by Bank of America.
Brendan Robertson and Scott Dragoo assumed new titles and duties as part of a reorganization at FIM Advisers. Mr. Robertson is now director of investments and has responsibility for the firm’s investment and risk management activities; he was global head of research, which included oversight of risk management and research as well as portfolio management, he said. Mr. Dragoo is now head of research, assuming the research portion of Mr. Robertson’s duties, overseeing all of the firm’s manager research activities; he had been head of U.S. research in FIM’s New York office. The London-based firm manages $4 billion in hedge fund of funds.
Brian T. Gray was named CIO for the New England region by manager of managers Hirtle Callaghan. The position is new, said Jonathan Cohen, spokesman. Mr. Gray was senior manager and principal of State Street Global Advisors. Arlene Roberts, an SSgA spokeswoman, did not return a call by press time seeking more information about Mr. Gray’s duties and his replacement.
Karen Bater joined Standish Mellon Asset Management as director of high-yield strategies, said spokesman Mike Dunn. She replaces Jon Uhrig, who left the firm in November 2006. Previously, Ms. Bater led the high-yield portfolio management team at NWD Investments, formerly Gartmore Global Investments. NWD spokeswoman Katie Cowley couldn’t immediately be reached for comment.
John Wimsatt was named managing director and portfolio manager at KBW Asset Management, replacing Michael O’Brien, who retired. Mr. Wimsatt will manage the firm’s financial services-focused equity strategies, confirmed spokeswoman Jenna Agins. He was a portfolio manager and analyst at Levin Capital Strategies; a call to the firm seeking information on his replacement was not immediately returned.
Peter Cherecwich was named head of institutional strategy and product development at Northern Trust, confirmed spokeswoman Alexis Geocaris. The position was created to help expand services for both institutional investors and investment managers. Mr. Cherecwich was a senior vice president and head of global investment outsourcing operations at State Street Corp.; spokeswoman Carolyn Cichon was not immediately available for details on his replacement.
Adolfo L. Laurenti will join Mesirow Financial as senior economist, working closely with and reporting to Diane Swonk, chief economist. The position is new, said spokeswoman Melissa Martellotti. “As Mesirow Financial’s investment management business continues to grow overseas, particularly in the fund of funds arena, we believe that (Mr.) Laurenti’s research will prove a valuable resource to international clients,” Ms. Swonk said in a news release. Mr. Laurenti was an associate economist at LaSalle Bank/ABN AMRO.
Christopher T. Daniel and Richard Kim are joining Churchill Capital, a subordinated debt capital provider, to open the firm’s Los Angeles office, said Patrick Matheny, spokesman. Mr. Daniel will be a managing director, and Mr. Kim, a principal.
Mr. Daniel was managing director at Praesidian Capital Investors; he has not been replaced, said spokesman Dan Jacob. Mr. Kim was a vice president at Windjammer Capital; Michael Bartholomew, Windjammer’s spokesman, did not return a call for information on a replacement.
Scott Prince joined Skybridge Capital as managing partner, and Evan Wein was named senior partner. Both positions are new, said spokesman Victor M. Oviedo. Messrs. Prince and Wein will assist Anthony Scaramucci, managing partner and the firm’s founder, in identifying new investment opportunities. Founded 18 months ago, Skybridge has invested $330 million of seed capital in seven new hedge fund managers, Mr. Scaramucci said in a news release.
Mr. Prince was partner and global head of trading and derivatives at hedge fund manager Eton Park until December; Steven H. Bruce, an Eton Park spokesman, said Mr. Prince’s duties have been assumed by others. Mr. Wein managed options and fixed-income portfolios at hedge fund manager Coventry Capital, a firm he founded and has since closed, said Mr. Oviedo.
Timothy Lordan joined real estate investment trust Developers Diversified Realty as vice president of fund management, said Betsy Keck, spokeswoman. It is a new position. He will help plan, structure and raise funds. Mr. Lordan was vice president of investor relations at Municipal Mortgage & Equity, which arranges debt and equity financing for developers and owners of real estate and clean-energy projects.
Bernard Del Rey was named executive director and head of institutional marketing at Morgan Stanley Investment Management, according to an internal memo sent to MSIM employees on July 16. He will also be co-head of global institutional marketing, with Ranjit Moses, managing director and head of international marketing, according to the memo. Mr. Del Rey was head of institutional marketing for the Americas at JPMorgan Asset Management. Jacqueline Meere, spokeswoman for JPMorgan Asset Management, was not immediately available for details on Mr. Del Rey’s replacement.
James FitzGerald was named chief marketing officer and managing director of distribution at Munder Capital Management. Mr. Fitzgerald, who has headed the firm’s retail marketing for the last three years, said in an interview that Munder created the position to help blend its retail and institutional marketing and distribution. He will continue to oversee retail distribution, while Anne Kennedy, managing director, will continue to run its institutional marketing and distribution.
Brian Rice was named head of sales and client relations for Atlantic Investment Management, confirmed CFO Bruce Berger. It is a new position. Mr. Rice will report to Alex Roeper, president. Mr. Rice was managing director and head of global client relations-hedge funds at Deutsche Bank’s hedge fund group, where he was in charge of developing and servicing institutional and high-net-worth clients. Deutsche Bank spokeswoman Mayura Hooper said the firm is looking for a replacement.
Cristobal Mendez de Vigo was named head of distribution and business development at F&C Asset Management, confirmed spokesman Jason Hollands. It is a new position. Mr. Mendez de Vigo will join the executive committee and focus on developing F&C’s institutional and European wholesale businesses. He reports to Alain Grisay, chief executive. Mr. Mendez de Vigo was head of strategic planning and business development at Allianz Global Investors; spokeswoman Claudia Mohr-Calliet was not available for comment at press time.
Richard Banks joined Pioneer Investments as head of institutional client services, and Steve Lee joined as U.K. institutional sales executive, said spokeswoman Cherida Naughton. Both are new positions. Previously, Mr. Banks was a senior relationship manager with MFS International; spokesman John Reilly wasn’t immediately available to comment. Mr. Lee was head of the local government client team with BGI; spokesman Tom Taggart wasn’t immediately available for comment.
Alan C. Ashworth joined Advanced Investment Partners, a quantitative equity affiliate of SSgA, as director of business development, said spokesman Steve Maguire. It is a new position. Previously Mr. Ashworth was a vice president and director of managed accounts with Thompson, Siegel & Walmsley. Lawrence E. Gibson, Thompson Siegel’s co-CEO, said Mr. Ashworth’s duties are being reassigned to others in the firm.
Donald Roberson was named senior vice president of distribution for retirement, executive benefits and group protection at Lincoln Financial Group, said spokeswoman Daniela Palmieri. It is a new position. Mr. Roberson had been vice president at Lincoln; he will not be replaced.
William Libby will join Templeton Investment Counsel next month as a senior product manager, based in Fort Lauderdale, Fla., Mr. Libby said in an interview. The position is new. Mr. Libby is director of InterSec Research. Gregory Frazier, head of research at InterSec, said he and Brendan Cooper, InterSec’s head of performance analytics, will assume Mr. Libby’s duties. He will report to Leslie Marcus, director of institutional product management at Templeton.
Michael Lee was named vice president and a member of the global consultant relations team in BlackRock’s ’s U.K. defined contribution business, confirmed spokeswoman Karen Hazlewood. It is a new position. He will report to John Gee-Grant, managing director, global consultant relations. Mr. Lee was with SEI Investments; Sarah Caddy, spokeswoman for SEI, was not able to comment at press time.
Hector Sants was named CEO of the U.K.’s Financial Services Authority, effective July 20. He replaces John Tiner, who left the agency this month, according to a news release. Mr. Sants is currently managing director of wholesale and institutional markets at the FSA. No replacement has been named in that role yet, according to spokeswoman Vanessa Wood.
Brady O’Connell and Armand Yambao were named principals at investment consulting firm Ennis Knupp & Associates. Mr. O’Connell, a senior member of the firm’s U.S. equity group, and Mr. Yambao, a senior member of the analytics research team, were both associates at the firm, confirmed spokeswoman Andrea Muzzupappa. Senior investment analysts Mary Bates and Max Kotary were also promoted to associates.
Michael Sternklar was named COO and head of the Americas at Mercer HR Services, said spokesman Charles G. Salmans. Mr. Sternklar will oversee operations and service delivery, product strategy and development, marketing and communications, and the firm’s organizational effective practice. He replaces Paul Zurlo, who left the firm to pursue an opportunity in private equity, according to a Mercer news release; no further information was available. Mr. Sternklar served as executive vice president of client services and sales with Fidelity Investments. Fidelity spokeswoman Jenny Engle said Julia McCarthy, who heads the relationship management team, assumed Mr. Sternklar’s responsibilities on an interim basis while Fidelity executives assess the needs of the team.
Melissa Rosenbaum joined ICON Advisers as vice president of marketing. She reports to Stephen Holmes, chief sales and marketing officer, confirmed Cynthia Crossland, spokeswoman at ICON. Ms. Rosenbaum replaces Bridget Richards, now a senior financial writer at the firm. The $5.7 billion firm runs the ICON family of mutual funds and separate accounts. Ms. Rosenbaum was director of marketing at Fiserv Investment Support Services, which provides back-office and custodial support to investors and money managers. Meghan Dougherty, spokeswoman at Fiserv, said Tom Gonnella stepped in as interim marketing director; the firm is not currently seeking a replacement.
