Jennifer Newell was promoted to president of investment consulting firm Alan Biller & Associates, said CEO Alan Biller in an email.
Ms. Newell, who will continue her current duties as a managing senior consultant, replaces Mr. Biller in the position. He will continue as CEO.
Simon Lim, also a managing senior consultant and chief compliance officer, was promoted to the role of chief financial officer. It is a new position. He also will continue in his current roles.
Mr. Lim said in a telephone interview the changes are part of a succession plan, but there are no immediate changes coming. Ms. Newell and he are simply taking on more of a role in management decisions, he said.
