Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Got the Pioneer Spirit? Not Rated 3.0 Email Routing List Email & Route  Print Print
Monday, July 31, 2000

Got the Pioneer Spirit?

Reported by Sean Hanna, Editor in Chief

Pioneer Investment Management, Inc. said today that it will double the number of sales regions it is manning to four from two as part of an effort to "reinvest" into and "broaden" its distribution channels. Prior to the restructuring its sales force had been divided into the East and West under divisional managers William Spencer and Mark Kiniry.

Related Links
 Pioneer Funds
On The MutualFundWire
* Pioneer Days, 5/12/00
*
Pioneer's Rocky Road, 3/7/00
*
Boston Company Adds Business Developers, 2/23/00
*
New Pioneer Fund for Europe, 2/22/00
The new structure will feature four regions: the southeast under Spencer, the northeast under Nate Algiere, the western region under Sherwood "Woody" Harris, and the central under Jeffrey Saunders. All four regions will report to a new national sales manager. The spokesperson declined to name the new sales head but said that the position had been filled and will be announced in a "few weeks." All of these positions ultimately report to Steve Graziano, president of Pioneer Funds Distributors.

Algiere, Harris and Saunders were all promoted to senior vice president and divisional manager as part of their promotion from regional wholesalers. Kiniry left the firm, according to a spokesperson.

In their new roles they will be responsible for strengthening and expanding Pioneer's relationships with national and regional broker-dealers, financial planning firms, and insurance company broker dealers.

Pioneer will support the changes by adding 30 positions to its sales team, ultimately expanding it to 80 members from 50. Among the additions, which will come primarily from external hires, will be 15 regional vice presidents responsible for broker-dealer relationships in the field and 15 regional sales specialists supporting these individuals internally.

"This is a very exciting and important step for Pioneer," said Graziano. "Our sales force plays a key role in our growth strategy, and the expansion of our sales regions sets the stage for Pioneer's future as a leading force in the mutual fund industry. I am confident that the promotion of veteran sales professionals such as Nate, Woody and Jeff, coupled with the addition of seasoned sales representatives, will help us reach our goal of $10 billion in annual sales by 2003."

The spokesperson said that the firm is in "active search mode" to fill the positions. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

3.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2025: Q3Q2Q1
2024: Q4Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly


  1. MFDF webinar - Mid-Year Tax Update for Registered Investment Companies, July 10
  2. ICI webinar - The Digital Future of Asset Management: Current State and Regulatory Landscape, July 10
  3. 2025 MMI Women in Advisory Solutions Forum, Jul 15-16
  4. MFDF Director Discussion Series - Open Forum (Philadelphia), July 15
  5. MFDF webinar - M&A and Consolidation in Asset Management, July 16
  6. Nicsa webinar - How Trusted GenAI is Transforming Data Access in Asset Management, July 16
  7. MFDF webinar - ETF Conversions, July 17
  8. MFDF Director Discussion Series - Open Forum (New York), July 22
  9. MFDF Ask Anything webinar - AI Edition, July 24
  10. MFDF webinar - Use of Derivatives by RICs, July 29
  11. MFDF Director Discussion Series - Open Forum (Columbus, Ohio), August 20
  12. Samfund Soiree Boston 2025, August 21
  13. MFDF webinar - The Audit Committee Chair's Guide to Balancing Duties and Emerging Issues, September 3
  14. ICI ETF Conference, Sep 8-10
  15. Nicsa webinar - Reimagining Reconciliation: AI, Regulation, and Capital Markets Transformation, September 10
  16. MFDF webinar - Series Trust Funds - Compliance and Board Reporting, September 10
  17. MFDF In Focus - Board Oversight of DEI in Current Landscape, September 11
  18. MFDF webinar - MFDF 15(c) White Paper Webinar Series: Part 4 – Enforcement Action Takeaways, September 16
  19. MFDF webinar - Latest in Closed-End Funds Litigations, September 23
  20. MFDF webinar - Fixed Income Insights: Navigating Market Trends & Opportunities, September 24
  21. MFDF webinar - Risk Management Essentials for RICs and Boards, September 29
  22. MFDF webinar - Diligent - Tools for Fund Board Book, October 1
  23. 10th annual Fuse Forum, October 8
  24. MFDF webinar - Essential Strategies in Board Oversight of Operational Risk Management, October 14
  25. 2025 MMI Annual Conference, Oct 15-17
  26. MFDF webinar - Series Trust Funds - Effective Board Relationships with Advisers, October 15




©All rights reserved to InvestmentWires, Inc. 1997-2025
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use