John Flynn was named senior vice president of institutional marketing and sales at HighMark Capital Management.
The position is new.
In a telephone interview, Earle Malm, HighMark’s president and CEO, said Mr. Flynn will lead efforts to build up the money manager’s external business. Until recently, the wholly owned subsidiary of Union Bank N.A., best known for its cash and core bond strategies, had mostly focused on bank clients. Mr. Malm said his firm has invested heavily over the past five or six years to expand its equity offerings.
Mr. Flynn was director of marketing at Ten Asset Management. His duties have been assumed by other executives at the firm, said Robert R. Zimmer, Ten Asset’s president and CIO.
Mr. Malm said Mr. Flynn will be tasked with building up an external sales team, together with the “full cadre” of internal people needed to handle areas such as RFPs.
Joining Mr. Flynn from Ten Asset is Rob Carr as a vice president of institutional sales for the Midwest, Mr. Malm said. Mr. Zimmer said Mr. Carr’s responsibilities as a senior vice president of institutional sales have likewise been assumed by other executives at the firm.
