The founder of a 34-year-old, midwestern, $5.8-billion-AUM (as of September 30) fund firm is shaking up his leadership team, even as he stays on board himself.
| Joe Neuberger|
Kornitzer Capital Management
Yesterday, John Kornitzer
, founder of Kornitzer Capital Management
that Joe Neuberger
is succeeding Kornitzer as KCM's president, while Kornitzer remains a portfolio manager at the Mission, Kansas-based firm. Meanwhile, Kornizter also confirmed that Laura Symon Browne
is taking over as president of KCM's Buffalo Funds
, succeeding Kent Gasaway
, who is staying on as a PM.
| Laura Anne Symon Browne|
Symon Browne most recently served as principal, head of national broker-dealer key accounts at Vanguard
. A Vanguard spokesperson was not immediately able to comment.
Neuberger most recently served as president of U.S. Bancorp Fund Services
, part of U.S. Bank. A U.S. Bank spokesperson did not immediately respond to a request for comment.
Kornitzer lauds Neuberger and Symon Browne as "the right leaders for KCM and Buffalo Funds."
"Their extensive financial services and leadership experience will help KCM carry on its long-term mission of helping private clients and institutions achieve their long-term financial goals," Kornitzer states.
Symon Browne, for her part, praises Gasaway and the Buffalo Funds team as "patient, disciplined, and dedicated to long-term client success and personalized services."
"Their commitment to solid, intelligent research is a strong strategy to help achieve long-term financial success for clients," Symon Browne states.
Neuberger praises the KCM team for their "focus on integrity and honesty."
"John's leadership legacy has created a deep talent bench of committed investment professionals," Neuberger states.
previously spent 28 years with U.S. Bank Global Fund Services, and he took over
that business back in 2017. Earlier, he worked as a tax manager at Arthur Andersen. He is an alumnus of the University of Wisconsin-Whitewater.
spent 24 years with Vanguard after working with Towers Watson and Boyce & Associates. She is an alumna of Tulane University.
founded his eponymous firm in 1989, and the firm debuted its first mutual fund in 1994. Earlier, he worked at ERC, Merrill Lynch, and Butcher & Singer. He is an alumnus of St. Francisc College.
joined KCM in 1991 after nearly a decade as a PM and analyst at Waddell & Reed. He is an alumnus of Kansas State University.
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