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Rating:Two Execs Bid The Reserve Adieu Not Rated 2.0 Email Routing List Email & Route  Print Print
Monday, November 24, 2008

Two Execs Bid The Reserve Adieu

Reported by Neil Anderson, Managing Editor

David Young and Eric Lansky just left the Reserve. An industry insider told MFWire that Lansky, a managing director, is moving on to the Vice Fund.

For the full story on the the death of the Reserve and its Primary Fund, see MFWire's timeline.

Lansky was not immediately able to comment, and Young could not be reached for comment.

Reserve spokeswoman Ming Hatch confirmed to The MFWire that Lansky and Young have both left the Manhattan-based money fund manager, but she was not immediately able to comment further on how their duties are being handled. A spokeswoman for the Vice Fund was not immediately able to comment for this story.

Lansky previously led Reserve Solutions, the unit that provided the firm's 401(k)-focused, debit card-based ReservePlus loan program via defined contribution industry vendors, and Young was one of the sale executives Lansky (a senior vice president at the time) brought on board for his team (see our sister publication, The 401kWire, April 5, 2005). More recently, retirement plan solutions vice president Young had served as the public face of ReservePlus (see The 401kWire, September 17, 2008 and March 20, 2008). 

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