, a former president and CEO of Van Kampen
will take the reins of Security Benefit Corporation
next month. Kiley is currently
a senior managing director at Guggenheim Partners
, which owns Security Benefit.
He will become CEO of Security Benefit effective September 30, succeeding
interim chief Howard Fricke
The news was picked up by
The Topeka Capital-Journal
Kiley joined Guggenheim in a consulting role to advise management on its
purchase of Security Benefit, a transaction that became complete
on August 2, 2010. He joined Guggenheim as senior managing director in April
of last year.
Previously, Kiley was president and CEO of Van Kampen Investments, which
was became part of Invesco last year when the latter bought Morgan Stanley's
retail asset management business. During his time at Morgan Stanley,
Kiley also served as president and CEO of Morgan Stanley Funds Distributors,
head of the U.S. Intermediary Group and a principal in the institutional asset
Earlier, he was president of Travelers Portfolio Group.
Armie Margaret Lee
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