Toby Cromwell was named senior vice president and head of institutional distribution at Scout Investments, confirmed spokeswoman Kristin Kovach.
The position “represents a change in our leadership structure,” according to a statement from CEO Andy Iseman provided by Ms. Kovach. She had no further information.
Mr. Cromwell was previously at Columbia Management. Mr. Cromwell had been named vice president and head of institutional defined contribution at that firm in September 2010.
Columbia Management spokesman Ryan Lund did not return a phone call for further information by press time.
