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Rating:Eaton Vance Replaces Its CFO Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, March 13, 2012

Eaton Vance Replaces Its CFO

Reported by Neil Anderson, Managing Editor

Bob Whelan is out at Eaton Vance [profile]. Today the Boston-based, publicly-traded mutual fund firm revealed that Whelan, its chief financial officer and treasurer, "has resigned to pursue other opportunities." Tom Faust, chairman and CEO, named two Eaton Vance veterans to take Whelan's old posts.

Laurie Hylton takes the CFO post, reporting to Faust. She's filled Eaton Vance's chief accounting officer post since 1997, after three years as an internal auditor at the firm.

Daniel Cataldo steps into the treasurer spot, reporting to Hylton. He joined Eaton Vance 28 years ago and served as chief accountant, head of mutual fund operations and internal auditor before taking over financial planning and analysis in 2000.

Faust praised Cataldo and Hylton as "proven" top executives at the firm.

Eaton Vance boasted $191.7 billion in assets under management as of January 31.

Company Press Release

Laurie G. Hylton Elected Chief Financial Officer and Daniel C. Cataldo Elected Treasurer of Eaton Vance Corp.

Boston, MA, March 13, 2012 — Eaton Vance Corp. announced today the election of Laurie G. Hylton as Chief Financial Officer and Daniel C. Cataldo as Treasurer. They replace Robert J. Whelan, who formerly held both positions. Mr. Whelan has resigned to pursue other opportunities. Ms. Hylton will report to Thomas E. Faust Jr., Chairman and Chief Executive Officer of Eaton Vance, and Mr. Cataldo will report to Ms. Hylton.

"I look forward to Laurie and Dan assuming the financial leadership of Eaton Vance in their new roles. Each of them is a proven executive who has contributed significantly to the growth and success of Eaton Vance over long careers with the Company." said Mr. Faust. "And I thank Bob for his contributions to Eaton Vance over the past five years and wish him well in future endeavors."

Ms. Hylton has served as Eaton Vance’s Chief Accounting Officer since 1997 and was Internal Auditor from 1994 to 1997. She is a Certified Public Accountant, a graduate of Dartmouth College and holds an MBA from the University of New Hampshire Whittemore School of Business. Before joining Eaton Vance, she was an auditor at Deloitte & Touche.

Mr. Cataldo has served as Director of Financial Planning and Analysis at Eaton Vance since 2000. He was formerly Head of Mutual Fund Operations, Internal Auditor and Chief Accountant in a career with the Company that began in 1984. He is a Certified Public Accountant, a graduate of the University of Rhode Island and holds an MBA from Boston University.

Eaton Vance Corp. (NYSE: EV) is one of the oldest investment management firms in the United States, with a history dating from 1924. Eaton Vance and its affiliates managed $191.7 billion in assets as of January 31, 2012, offering individuals and institutions a broad array of investment strategies and wealth management solutions. The Company’s long record of providing exemplary service, timely innovation and attractive returns through a variety of market conditions has made Eaton Vance the investment manager of choice for many of today’s most discerning investors. For more information about Eaton Vance, visit www.eatonvance.com.

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