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

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

Rating:Harris Reorgs BNY Mellon IM and Picks a Dreyfus Chief Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, May 25, 2016

Harris Reorgs BNY Mellon IM and Picks a Dreyfus Chief

News summary by MFWire's editors

Mitchell Harris is already reshaping BNY Mellon Investment Management [profile], and he just picked a chief to lead distribution in North America.

Mitchell Harris
BNY Mellon
Chief Executive Officer of Investment Management
Harris, who in February succeeded Curtis Arledge as CEO of BNY Mellon IM, has reorganized the multi-boutique asset manager. The new structure, a BNY Mellon spokesman confirms in an emailed statement, focuses "on five core Business Groups: Distribution, Product Strategy & Performance Management, Infrastructure, Wealth Management and Investment Management Governance."

Within that realigned structure, Harris has appointed Mark Santero as CEO of Dreyfus, which includes North America distribution. Santero most recently served as executive vice president and chief operating officer for BNY Mellon IM.

Santero is now one of Harris' direct reports. The others include: Jamie Lewin, formerly head of manager research, not head of the product strategy and performance management group; Don Heberle, still CEO of wealth management; Greg Brisk, head of investment management governance; Matt Oomen, still head of international distribution; and the CEOs of BNY Mellon IM's 13 investment boutiques. Harris will also name a new chief operating officer to lead BNY Mellon IM's infrastructure group.

"This reorganization will increase efficiency and balance our focus between our wealth, institutional and intermediary businesses," the spokesman states.

The BNY Mellon spokesman also confirms that Americas distribution chief Kim Mustin and institutional chief John Herlihy are both leaving the company. The spokesman offered further clarification on the distribution side.

... [W]e have not changed our distribution strategy for the intermediary and institutional markets in which we are as committed as ever. Institutional clients in North America and internationally will deal directly with the same distribution teams and portfolio managers that they always have. For the intermediary market, our clients will work closely with the Dreyfus and International Distribution teams, where we will continue to offer them specialized investment solutions from across our suite of boutiques. The overall goal with the organizational change is to be more focused on the elements that drive our success, streamline the organizational structure to speed up decision making, improve collaboration, and ensure we take full advantage of our unique multi-boutique model.


Santero joined BNY Mellon IM two years ago. An alumnus of Fordham, he previously worked at OpFunds, Tremont Group Holdings, Ivy Asset Management, Atlantic Trust Company, and AIM Management Group (now part of Invesco).

Lewin previously served as head of manager research at BNY Mellon IM, and prior to that as head of asset allocation. Lewin is an alumnus of the University of Bath and worked at UBS before joining BNY Mellon more than eight years ago. 

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
2021: Q2Q1
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:
Raw XML
Add to My Yahoo!
follow us in feedly


  1. MFDF Director Discussion Series - Open Forum via Zoom (Midwest), March 10
  2. FinReg Outlook 2021, March 10
  3. Irish Funds North American Digital Seminar, March 11
  4. MFDF webinar - Municipal and Taxable Fixed Income — A Multi-Speed Recovery, March 12
  5. 2021 Virtual Mutual Funds and Investment Management Conference, Mar 15-19
  6. Women for Impact - A Call to Action, March 16
  7. SEC & DOL Standard of Conduct Rulemakings — Present & Future Considerations, March 23
  8. Expect Miracles Foundation's Virtual Mystery Game Night, March 24
  9. MFDF Director Discussion Series - Open Forum via Zoom, March 24
  10. ETFGI Global ETFs Insights Summit - ESG & Active ETF Trends, Mar 24-25
  11. MFDF webinar - Asset Management M&A for Fund Directors — Recent Trends and Governance Issues, March 31
  12. MFDF Director Discussion Series - Open Forum via Zoom, April 7
  13. MFDF In Focus: Board Oversight of Sub-advisers, April 15
  14. ETF.com Awards 2020, April 20
  15. The 31st Sub-Advised Funds Forum, Apr 20-21
  16. MFDF Director Discussion Series - Open Forum via Zoom (Northeast), April 21
  17. FIASI virtual event - ESG in Fixed Income: Shining a Light on Transparency, Apr 22-23
  18. 44th Annual AIMSE Marketing & Sales Conference, May 2-4
  19. MFDF Director Discussion Series - Open Forum via Zoom (Southeast), May 5
  20. ICI 2021 General Membership Meeting - Day 1, May 6
  21. ICI 2021 General Membership Meeting - Day 2, May 13
  22. 2021 FINRA Annual Conference, May 18-20
  23. MFDF Director Discussion Series - Open Forum via Zoom, May 19
  24. 2nd annual ETFGI Global ETFs Insights Summit - USA, May 19-20
  25. Irish Funds Online Annual Global Funds Conference 2021, May 19-20
  26. MFDF webinar - Fund Director Compensation: MPI Annual Survey (2021), May 20




©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