Bruce W. Madding was named president and chief investment officer of investment advisory and asset management firm C.M. Capital, confirmed Merredith Branscombe, C.M. Capital spokeswoman.
Mr. Madding replaced Glenn R. Rogers, who retired as president and COO on Dec. 31.
Mr. Madding was CFO and CIO for 22 years at the $500 million Henry J. Kaiser Family Foundation, Menlo Park, Calif. Mr. Madding has been replaced by Koonal Gandhi, CIO, said Drew Altman, president and CEO of the foundation. Mr. Gandhi had been a director with Overseas Private Investment Corp.