The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Evergreen in the Market for New Sales Head as it Shuffles Distribution Teams Not Rated 2.8 Email Routing List Email & Route  Print Print
Tuesday, September 25, 2007

Evergreen in the Market for New Sales Head as it Shuffles Distribution Teams

Reported by Erin Kello

Evergreen Investments has shaken up it's distribution structure with the formation of a new division to be headed by Mike Woods. Prior to joining Evergreen, Woods was chief executive officer of XTF Global Asset Management.

"Leveraging Mike's leadership and expertise, we can continue to build awareness of Evergreen's multi-boutique investment capabilities across multiple investment vehicles when we meet with our financial institution partners," said Peter Cieszko, president of global distribution at Evergreen.

The Financial Institutions Group (FIG) will gather Evergreen's existing Financial Advisory Division (FAD); Sub-Advisory Relations Group; and Defined Contribution Investment Only (DCIO) business under one umbrella.

Sean Kelly, head of the sub-advisory business, which DCIO already falls under, will report to Woods, according to company spokeswoman, Laura Fay. Evergreen is currently looking for a new sales manager to head up the Financial Advisory Division; whenever he/she is found they will also report to Woods, Fay said.

As head of this new group, Woods will be tasked with the distribution of Evergreen products and investment strategies through independent financial planners and registered investment advisors, in addition to working with certain institutional clients--including variable annuity companies, defined contribution recordkeepers, insurance companies, and banks--to leverage Evergreen's investment capabilities and administration efficiencies in a sub- advisory capacity.  

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2021
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use