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Thursday, March 11, 2010

Hensler Heads to OppFunds

News summary by MFWire's editors

OppenheimerFunds has filled its vacant head of distribution position. The former head of DWS Investments Distributors, Philipp Hensler, is joining Oppenheimer.

A former coworker told The MFWire that Hensler will start April 1. Oppenheimer declined to comment.

Hensler replaces Bill Carey, who left the company in late January after four months on the job. Oppenheimer reportedly used executive headhunting company Russell Reynolds for the search. George Wilbanks, managing director at Russell Reynolds, was not immediately available to comment.

Before leaving DWS, Hensler began work on earning his PhD. After his departure, he used his newly free time to devote himself to the degree. Hensler could not be reached for comment.  

Edited by: Daniel Tovrov

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