Lawton to leave Pyramis post

Drew E. Lawton, president of Pyramis Global Advisors Trust, the sales and client servicing arm of institutional manager Pyramis Global Advisors, will leave at the end of this month to pursue other opportunities, said Vin Loporchio, spokesman. James Carroll, senior vice president of client services at Pyramis, will assume responsibility for Pyramis sales, consultant relations and client services “while senior leadership evaluates its organizational strategy going forward,” he said. News of Mr. Lawton’s departure follows the Jan. 23 announcement that Peter J. Smail, the president of Pyramis Global Advisors, would be retiring at the end of March. Mr. Loporchio said Pyramis has “deep executive bench strength” as well as the ability to go outside to hire top talent.