(Updates with company comment in fifth paragraph.)
Jan. 19 (Bloomberg) -- TIAA-CREF, the manager of retirement accounts for teachers, said Scott Evans is stepping down as president of the asset-management businesses that had about $441 billion in funds as of Sept. 30.“After 27 years of faithful service, he will leave TIAA- CREF with a deep bench of asset-management leaders in place and a proven strategy,” said Abby Cohen, a spokeswoman for the New York-based firm, in a phone interview today. “Scott will continue to work with us to ensure a smooth transition as we conduct a search for his successor.”The departure of Evans, 52, leaves vacancies in two of the top money-management jobs at the company, which holds corporate bonds, government debt, mortgage-backed securities and real estate investments. TIAA-CREF said in November that Ed Grzybowski was stepping down as chief investment officer and would leave in March.The firm created the position of chief operating officer of asset management last year and assigned Carol Deckbar to the post, saying she would report to Evans.“We thank Scott for his many contributions and respect his decision to spend more time with his family,” Cohen said.--Editors: Dan Kraut, David Scheer
To contact the reporter on this story: Noah Buhayar in New York at nbuhayar@bloomberg.net
To contact the editor responsible for this story: Dan Kraut at dkraut2@bloomberg.net
Nenhum comentário:
Postar um comentário