June 5, 2002 — Putnam Investments named Brian P. O’Toole chief investment officer of large-cap growth investing.

O’Toole succeeds Beth Cotner, who plans to retire at the end of the year. Cotner joined Putnam in 1995.

O’Toole joins Putnam from Citigroup Asset Management, where he was managing director and head of U.S. growth equities.

O’Toole will lead a six-member team of portfolio managers that oversee $35 billion in assets. The team manages institutional and retail portfolios, including the $23 billion Putnam Voyager Fund (PVOYX), and the $3 billion Putnam Putnam Growth Opportunities Fund (POGAX).

O’Toole will join Putnam on June 17.