MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, February 14, 2001 New Head for USAA USAA Investment Management has a new head: Christopher W. Claus. Claus replaces Michael J. C. Roth, who has retired. Nonetheless, Roth will assist in the executive transition over the next three months. In a statement, Robert G. Davis, USAA president and chief executive officer, reaffirmed USAA's commitment to Internet-related developments: "We are very pleased with the management experience and skills Chris brings to his new assignment," he said. "He will lead the seasoned and highly regarded team of investment professionals who manage the 40 no-load USAA mutual funds and he will continue to keep USAA Investment Management Company moving ahead in other vital areas such as e-commerce." Claus, most recently senior vice president of investment sales and service for USAA, had joined the firm in 1994. Prior to that, he had been vice president of equity trading and retirement plans at Norwest Investment Services in Minneapolis, Minnesota. A USAA spokesperson said that Claus's replacement has not yet been named. The San Antonio, Texas-based firm owns or manages over $60 billion in assets. Printed from: MFWire.com/story.asp?s=26451 Copyright 2001, InvestmentWires, Inc. All Rights Reserved |