has been named president and chief executive officer of Vantage Investment Advisors
of New York, replacing Scott Wittman
who resigned to focus his attention on charitable work with Habitat for Humanity.
Sayler's appointment is effective immediately, said Jon Boscia
, president and chief executive officer of Lincoln National Corporation
). Vantage is one of the LNC's group of companies and subadvises several variable annuities and mutual funds for both Delaware Investments
and Lincoln Life
, also subsidiaries of LNC.
Prior to joining Vantage, Sayler had been at J.P. Morgan Investment Management
in various areas, including head of the futures & options, structured equities, and mutual fund areas. His most recent post at Morgan was managing director and global head of derivatives.
"Mr. Sayler is a recognized leader in the investment community and we are proud to have him on our team. His track record obviously speaks for itself," said Boscia.
"He grew mutual fund assets from $8 billion to $22 billion at J.P. Morgan. Earlier, he built a multi-billion dollar quantitatively driven equity business for Morgan that relied heavily on fundamental equity research, a disciplined valuation procedure and systematic portfolio construction," Boscia added. "That fits perfectly with Vantage's investment approach, and we view Mr. Sayler's appointment as the next step in significant growth for Vantage. Our goal is to build Vantage into a major equity investment firm."
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