is now the former senior vice president and portfolio strategist for ETFs at Guggenheim
. He has joined Charles Schwab
to serve as the firm's new director for product strategy and development, reported Reuters
. According to a Schwab spokeswoman, the position is new.
Botset began working at Schwab on Monday and reports to Jonathan de St. Paer
, vice president of product strategy and development.
Guggenheim has not yet made a decision on how Botset will be replaced. Botset is not the only Guggenheim executive to recently part ways with the firm: Richard Goldman
, COO of Guggenheim Investments; Marc Zeitoun
, head of sales; and Keith Fletcher
, CMO, departed the firm in April.
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