MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, October 20, 1999 Stein Roe President Joins Waddell & Reed Waddell & Reed Financial Inc. has named Thomas Butch chief marketing officer. In the newly created position he will be responsible for marketing and distribution strategy, product development and all core marketing and communications activities.
"His appointment underscores our commitment to ensuring the continued growth of our organization. We are confident he will make major contributions as a key member of our executive management team," Tucker said. Tyler Towery, a spokesperson for Waddell & Reed said that the company currently distributes funds only through an in-house sales force, managed by Robert Williams, executive vice president and national sales manager. The company hopes that Butch will find ways to penetrate the market and find distribution alternatives and strategies. Towery said the company has no intention for the present to join any fund supermarkets or other large mutual fund distribution channels. Printed from: MFWire.com/story.asp?s=25193 Copyright 1999, InvestmentWires, Inc. All Rights Reserved |
