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Thursday, February 28, 2008

Federated Names Western Regional Sales Manager

News summary by MFWire's editors

Pittsburgh-based Federated Investors has promoted a longtime employee to vice president and western regional sales manager. Thomas Schinabeck has been with the company since 1990. Before becoming the western regional sales manager, he was a senior sales representative.

Company Press Release

Federated Investors, Inc. (NYSE: FII), one of the nation's largest investment managers, today announced the appointment of Thomas S. Schinabeck as vice president and western regional sales manager. The announcement was made by Colin B. Starks, senior vice president and national sales director of the firmís broker/dealer sales division.

In his new role, Schinabeck will provide leadership to a team of 10 sales representatives in the western region as they call on broker/dealer clients in 20 states.

Schinabeck joined Federated as a marketing representative in June 1990. Before becoming the western regional sales manager, he served as vice president and senior sales representative. He had previously served in several sales roles during his time at Federated.

Schinabeck earned a bachelorís degree in economics from Kenyon College in Gambier, Ohio. He is a chartered financial analyst and a multiple award winner in sales. He currently resides in Poulsbo, Wash.

Federated Investors, Inc. is one of the largest investment managers in the United States, managing $301.6 billion in assets as of Dec. 31, 2007. With 148 mutual funds and a variety of separately managed account options, Federated provides comprehensive investment management to more than 5,400 institutions and intermediaries including corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers. For more information, visit FederatedInvestors.com.

Edited by: Erin Kello

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