This week in personnel announcements and new hires, Daniel Houston moved up at Principal Financial Group and Christopher Clark was named co-portfolio manager at RS Investments.
Also, Kunal Shah and Caroline Rasmussen joined iCapital Network and Gladys Chow went to Giralda Advisors.
Principal Financial Group Names Houston COO
Principal Financial Group has announced that Daniel Houston has been named president and chief operating officer. He will report to Larry Zimpleman, whom he replaces in those positions. Zimpleman will continue as chairman and CEO.
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Houston was president of retirement, insurance and financial services at Principal Financial Group, and will retain these responsibilities.
Clark Moves Up at RS Investments
RS Investments has announced that it has named Christopher Clark co-portfolio manager of the RS diversified growth funds, effective immediately.
Clark, who joined the firm in 2007, was previously an analyst on the team, focusing on the health care sector. He began his investment career in 2001. Prior to joining, he was a research associate at TIAA-CREF, where he focused on global portfolio management and the health care sector.