Bob Doll added president and CEO to his role as chief investment officer at Crossmark Global Investments, effective immediately, according to a news release.
"It is a privilege to be part of Crossmark, a firm that combines a deep commitment to faith-based values and a focus on investment excellence," Doll said in the Jan. 16 news release. He added that he looks forward to "continuing to enhance the firm's investment solutions" and to leading the firm's investment team.
Since 2021, Doll has served as CIO and as a portfolio manager for U.S. large-cap equity strategies at the firm, which is headquartered in Houston.
"Crossmark's clients have benefited from Bob's exceptional investment expertise, market perspective, and institutional leadership ever since he joined our firm," the Crossmark board of directors said in the news release. "We are excited about the vision and direction that he will bring to the organization in his expanded role."
Doll succeeded Michael Kern, who had served as CEO and president since 2015. The firm said in the release that Kern was leaving the investment management firm the same day to "pursue other opportunities."
"Under Mike's leadership over the past eight years, Crossmark has made strides in transforming our culture, deepening our bench across all departments, and positioning the firm to build on its investment expertise going forward," the board added, wishing Kern "much success in his future endeavors."
Before joining Crossmark, Doll was chief equity strategist and senior portfolio manager at Nuveen Asset Management. He also was previously chief equity strategist at BlackRock, president and CIO at Merrill Lynch Investment Managers and CIO of Oppenheimer Funds.
Crossmark had $6.2 billion in assets under management as of Dec. 31.