Russell Investment Group
has promoted Greg Stark
as the new head of its U.S. Individual Investor group, the division of the Tacoma, Washington-based firm responsible for distribution. The news was announced in a release
Stark replaces twenty year Russell veteran Len Brennan
, who is leaving to pursue other opportunities.
Stark, who has worked at Russell for ten years, was most recently managing director of client sales and service of the U.S. Individual Investor group. He now reports directly to Craig Ueland, president and chief executive officer of Russell.
"Greg has worked closely with Len during the past decade at Russell and has played a key role in the development and growth of our global distribution network, in particular our U.S. distribution business," stated Ueland in a release. Russell, a subsidiary of Northwestern Mutual Life, works with more than 250 intermediaries.
Russell spokesman Steve Clairborne did not immediately return a call seeking comment.
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