This week in new hires, Aberdeen Asset Management announced the opening of a New York City office; MFS Investment Management welcomed Philip Stewart and promoted David Bryant; Leslie Voth was named CEO at Pitcairn; and Michael Millman joined U.S. Bank’s Private Client Reserve in San Francisco.
Also, John Fleurant moved up at New York Life; Eric Kolts joined Commonfund; Gil Ahrens went to Citi Private Bank; Mike McNamee moved up at the Investment Company Institute; and Lori Stafford-Thomas joined Jackson National Life.
Aberdeen Opens Office in New York City
Aberdeen Asset Management recently announced the opening of a new office in New York City. Sir Peter Westmacott, British ambassador to the United States; Roger Cornick, Aberdeen’s chairman; and Martin Gilbert, Aberdeen’s chief executive, marked the occasion with a ribbon-cutting ceremony.
Aberdeen has had operations in the U.S. since 1995 and established its North American headquarters in Philadelphia in 2005. The new office will serve as a business development and marketing center.
MFS Adds New Positions in Midwest, Southeast
MFS Investment Management announced Tuesday that it has expanded its defined contribution investments (DCI) specialist sales team from seven to nine, with the addition of new positions in the midwest and southeast. Philip Stewart has joined the firm as a DCI specialist, responsible for DCI sales in the midwest, and is based in Minneapolis. David Bryant, formerly an inside DCI specialist, has been promoted to DCI specialist, focused on the southeast.
Prior to joining, Stewart spent 16 years with Wells Fargo, the last seven of which were spent working directly with advisors and retirement consultants in the defined contribution marketplace.
Bryant joined in 2008 as an internal wholesaler and was named an internal DCI specialist in 2010. He began his career in the financial services industry in 2007 at State Street Corp.
Pitcairn Names Leslie Voth CEO
The board of directors of Pitcairn Co. announced the appointment of Leslie Voth, president, as CEO, succeeding Dirk Jungé, who continues as chairman.
Voth was appointed to her previous position as president and COO in 2008, after having been a member of the senior management team since 1996. Prior to joining, Voth was vice president of the Meritor Financial Group for nine years.
U.S. Bank’s Private Client Reserve in San Francisco Welcomes Millman
U.S. Bank announced Tuesday that Michael Millman has been appointed senior vice president and wealth management advisor for The Private Client Reserve of U.S. Bank in San Francisco. In this role, he will develop and implement customized investment strategies and plans for high-net-worth individuals and families.
Millman brings more than 17 years of private banking, financial planning, and investment management and trust experience to his new post. Before joining, he served as senior vice president and wealth advisor for Wells Fargo Private Bank. He has held senior-level advisory positions with such firms as Bank of America Private Bank, Fidelity Investments and Charles Schwab & Co.
New York Life announced Monday that John Fleurant has been promoted to deputy chief financial officer, a new position. He will report to Michael Sproule, executive vice president and CFO. Fleurant will also retain his current roles as senior vice president of finance and controller, positions he has occupied since joining the company in 2010.
Immediately prior to joining the company, Fleurant served as controller at Prudential Financial. After joining Prudential in 1995, he held positions of increasing responsibility, including chief financial officer for domestic businesses. Before that, he was a senior manager for Deloitte & Touche, where he spent nine years.
Commonfund Names Eric Kolts Managing Director in Commodities Group
Commonfund recently announced the appointment of Eric Kolts as managing director in its commodities group. In this newly created position, he will participate in the development of new commodities strategies, as well as work alongside Commonfund’s account-specific relationship officers. He will be based in Wilton, Conn., and report to Tyler Stevens, managing director, commodities group.
Prior to joining, Kolts was head of global marketing and sales, Merit Commodity Partners (Global Commodity Finance), New York City and Dubai. Previously, he served as vice president—product manager, commodity indices at Standard & Poor’s. He was also a director at Dow Jones Indices.
Citi Private Bank Adds Ahrens in Palo Alto
Citi Private Bank announced that Gil Ahrens has joined the firm’s Palo Alto office as director and UHNW private banker. He will report to Lisa Roberts, northern California region executive.
Ahrens joins from JPMorgan Chase & Co. in Palo Alto, where he was most recently a director in the firm's private wealth management group working with a broad network of venture capital and investment banking clients. Prior to his wealth management role, Mr. Ahrens had been with JPMorgan since 2007 as managing director, head of venture coverage. He previously spent eight years at Piper Jaffray & Co.; three years before that at Cowen & Co. as an investment banker; and began his career at Sanyo Electric Co. in 1991 in strategic planning.
ICI Names Mike McNamee Chief Public Communications Officer
The Investment Company Institute has named Mike McNamee its chief public communications officer. In his new role, he will be responsible for all media and public relations, public policy writing, editorial, website, and design activities, and for the ICI Education Foundation. He will report to ICI President and CEO Paul Schott Stevens and replaces F. Gregory Ahern, who held the post for the past eight years.
Previously, McNamee was senior director, policy writing and editorial. He joined ICI in 2006 as director, media relations. Prior to joining ICI, he was deputy Washington bureau chief at BusinessWeek, where he had held numerous positions during his long tenure there. He also worked as Washington economics correspondent for The Dallas Morning News, economics reporter at USA Today, and business editor of The Indianapolis Star. As a journalist, McNamee made frequent broadcast appearances as a commentator on financial and economic issues.
Jackson National Life Insurance Co. announced Monday that Lori Stafford-Thomas has joined the company’s corporate communications team as director of external communications. In her new role, she will oversee the media relations and external outreach efforts of Jackson and its affiliates, including National Planning Holdings and Curian Capital. She will also be responsible for maintaining and enhancing the corporate image of the company and its subsidiaries. She is based in Denver and will report to Matt Gonring, vice president of corporate communications.
Stafford-Thomas has more than 20 years of experience in marketing and communications. Prior to joining, she held the positions of assistant vice president of strategic marketing and communications and AVP of corporate communications at Fiserv. She has also headed the communication departments at Modine Manufacturing Co. and Sports Buff Promotions. Earlier, she was a television anchor for nine years with WISN-TV (ABC) in Milwaukee.
Read the Oct. 10 New Hire Roundup at AdvisorOne.