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

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

Rating:Buddy Donahue's Successor Hails From Goldman Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, January 19, 2011

Buddy Donahue's Successor Hails From Goldman

News summary by MFWire's editors

Fundsters, your new regulator is here. Yesterday the SEC named former Goldman Sachs Asset Management global chief investment officer Eileen Rominger as director of the division of investment management, succeeding Buddy Donahue.

Bloomberg, MarketWatch and Reuters all reported on the news.

Rominger reportedly retired from Goldman last month and will join the SEC next month. Donahue retired in November.

Prior to her 11 years at Goldman, Rominger spent 18 years at Oppenheimer Capital, where she was an executive committee member, managing director and PM. At Goldman, she also PMed fundamental equity portfolios.


Press Release

Washington, D.C., Jan. 18, 2011 – The Securities and Exchange Commission today announced that Eileen Rominger has been named its Director of Investment Management. She will begin her work at the agency in February.

The Division of Investment Management protects investors and promotes capital formation through oversight and regulation of the nation’s multi-trillion dollar investment management industry. Ms. Rominger comes to the SEC from the asset management industry, where she worked for the past 11 years at Goldman Sachs Asset Management and most recently served as the firm’s global chief investment officer. She previously worked for 18 years at Oppenheimer Capital, where she was a portfolio manager, managing director, and a member of the Executive Committee.

Ms. Rominger is replacing Andrew J. “Buddy” Donohue, who left the agency in November.

“Eileen brings the agency a lifetime of experience in the asset management industry and a record of strong leadership,” said SEC Chairman Mary L. Schapiro. “She understands the importance of the nation’s investment management industry to the well-being of investors everywhere.”

Ms. Rominger’s experience spans nearly 30 years as a portfolio manager serving investors and accountable to mutual fund boards of directors, and as a leader of portfolio management teams.

“The investor protection mission of the SEC has never been more important,” said Ms. Rominger. “Retirement and other important financial needs loom large for millions of Americans, even as investment choices increase in number and complexity. I’m honored to have the opportunity to lead the Investment Management Division and its talented staff as they drive their critical agenda of transparency and integrity in the industry.”

Working within Goldman Sachs’s asset management unit, Ms. Rominger served as chief investment officer overseeing portfolio management teams in eight countries including fixed income, fundamental equity, and quantitative investment strategies. She also was a portfolio manager for fundamental equity portfolios. Ms. Rominger served as head of the investment committee for the Goldman Sachs Foundation, and was a member of the management committee and risk committee of the firm’s Investment Management Division.

At Oppenheimer Capital, Ms. Rominger managed equity portfolios and was a member of the firm’s management team.

Ms. Rominger, 56, received a BA in English from Fairfield University and an MBA in Finance from the Wharton School of Business at the University of Pennsylvania.  

Edited by: Neil Anderson, Managing Editor


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

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
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:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use