Turner Investment Partners
is movin' and shakin'. The Berwyn, Philidelphia-based company said today that it would be promoting three staff members to senior management positions.
, 36, chief operating officer, was promoted to president of the firm. Mark Turner
, 41, president and senior portfolio manager, was named vice chairman. And Thomas Trala Jr.
, 33, chief financial officer, was appointed as treasurer of the board of directors.
Kneeley and Turner will report to Robert Turner
, chairman and chief investment officer. Trala will report to Kneeley.
A spokesperson for the company said,"We have been gradually hiring people. In the past year we went from 40 to 50 employees and I would think that would continue."
Assets under management have also increased significantly. In the past two months, the company's funds have grown to $900 million from $700 million.
The company has increased marketing significantly and had good performance in its mutual funds, the spokesperson said, leading to the rapid expansion of the company.
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