The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Thursday, June 21, 2012|
A Top Templeton PM Dies
Gary Motyl, chief investment officer of the Templeton Global Equity Group and president of Templeton Investment Counsel, passed away unexpectedly on June 18. He was 60.
A Franklin Templeton spokesperson confirmed the news to MFWire.
Motyl spent more than thirty years at Franklin Templeton. He was the third investment professional hired by the firm's founder, Sir John Templeton, and was promoted to chief investment officer in 2000. Motyl managed several mutual fund portfolios and helped lead the Templeton Global Equities team.
Before joining Franklin Templeton, in 1981, he worked as an analyst at Standard and Poor's and a portfolio manager at Landmark First National Bank.
His duties at Franklin Templeton will be shared by a team that includes Norm Boersma, president of Templeton Global Advisors, Cindy Sweeting, director of portfolio management, and Heather Arnold, research director.
The Franklin Templeton statement on Motyl's passing is below:
It is with great sadness that we share the unexpected passing of our good friend and long-time colleague Gary Motyl, chief investment officer for Templeton Global Equity Group. Gary has been a highly regarded leader in the Franklin Templeton family for over 30 years, starting as the third investment professional to be hired by Templeton's founder, Sir John Templeton. His leadership has helped to guide and shape the Templeton Global Equity team, who continue to adhere to the value-oriented investment philosophy that Templeton has championed for 70 years. Gary will be greatly missed and our thoughts are with his family, friends and colleagues at this very difficult time.Motyl is survived by his wife, Margaret Dwyer Motyl of Ft. Lauderdale, his mother, Marie E. Motyl, and his sister, Cheryl Gerber, according to an online obituary.
Printed from: MFWire.com/story.asp?s=40398
Copyright 2012, InvestmentWires, Inc.
All Rights Reserved