Carolyn Kling To Direct PMC Marketing.DENVER--(BUSINESS WIRE)--Aug. 4, 1995--PMC International, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on Bulletin Board:PMCI), announced today that Ms. Carolyn Kling has joined its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Portfolio Management Consultants, Inc. ("PMC"), as Senior Vice President and Managing Director. Formerly president of the Financial Institution Division for Transamerica Fund Management Company, Ms. Kling will direct PMC's new business development efforts, particularly with respect to the bank, insurance and financial planning markets. She will give special attention to the firm's new PC based asset allocation and mutual fund wrap-fee program, Allocation Manager(TM). Prior to joining Transamerica, Ms. Kling was Sr. Vice President of Putnam Investments, directing the marketing distribution efforts in the western half of the United States for Putnam mutual funds' bank distribution channel. Kenneth S. Phillips, PMC's President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , stated: "Ms. Kling is an outstanding addition to PMC's senior management team. She brings many years of experience and a solid reputation for excellence, integrity and achievement. PMC will benefit greatly from her knowledge of the industry." PMC is one of three wholly owned subsidiaries of PMC International, Inc. The other subsidiaries are Portfolio Technology Services ("PTS PTS put to sleep; a common euphemism for euthanasia, but also used to describe general anesthesia. ") and Portfolio Brokerage Services ("PBS PBS in full Public Broadcasting Service Private, nonprofit U.S. corporation of public television stations. PBS provides its member stations, which are supported by public funds and private contributions rather than by commercials, with educational, cultural, "). PMC is a registered investment advisor Registered Investment Advisor (RIA) is a designation obtainable in the United States by an individual who has registered with the U.S. Securities and Exchange Commission or state regulatory agency (where the primary business is situated or multiple States in some cases) in and one of the industry's largest providers of managed account and wrap-fee programs. Founded in 1985, PMC provides asset management related product development, and supervisory services to banks, insurance companies and financial planning firms in the U.S. and abroad. Additionally PMC maintains an active institutional investment consulting practice. CONTACT: PMC International, Inc. Kenneth S. Phillips, 303/292-1177 |
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