Eric Russell, the president of the
Frank Russell Company's US investment management and funds distribution business has announced his intention to resign, effective March 31, 2000, intending to pursue "other opportunities."
Russell is the son of the firm's chairman,
George Russell, and the great-grandson of the company's founder,
Frank Russell. He has been with the Tacoma, WA-based company for 12 years and headed Russell's distribution network of financial advisors, insurance agents and brokers. This funds distribution network includes
A.G. Edwards, the sixth largest U.S. brokerage firm and
Northwestern Mutual, which acquired Frank Russell in early 1999, which offers Russell funds through variable annuity and variable life insurance products.
Mike Phillips, chief executive officer at Frank Russell said he will work with the company's executive committee to determine Eric Russell's successor. 
Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE