Gunning named global CIO at Russell

Peter Gunning was appointed global CIO and managing director of multimanager investments at Russell Investments, confirmed spokeswoman Sarah Culpeper. Mr. Gunning is replacing Tom Hanly, who will become COO, one of two posts now held by Hal Strong; Mr. Strong will remain CFO. Messrs. Gunning and Hanly will report to Craig Ueland, president and global CEO. Mr. Hanly was CIO for the Asia-Pacific region; Russell is searching for his replacement.