Eaton Vance Corp. Announces Untimely Death of Wharton P. Whitaker, Sales Chief.BOSTON -- Eaton Vance Eaton Vance is an American financial services company headquartered in Boston, MA. It is traded on the New York Stock Exchange under the symbol EV.[1] At the end of the second quarter of the 2006 fiscal year, the company had assets under management of $118.8 billion. Corp. announced with great regret and sadness today that Wharton P. "Whit" Whitaker, 62, died suddenly on February 3rd of a heart attack. Mr. Whitaker was President of Eaton Vance Distributors, Inc., the company's subsidiary that distributes Eaton Vance funds and other investment products, and Vice President and Chief Sales and Marketing Officer of Eaton Vance Corp. "Whit had been with Eaton Vance for more than 20 years and built one of the best and most respected distribution companies in the fund industry," said James B. Hawkes, Chairman 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. of Eaton Vance Corp. "He will be greatly missed as a friend and business colleague." As head of the worldwide sales and marketing organization for Eaton Vance's financial products and services, Mr. Whitaker had led Eaton Vance to new records for its sales of mutual funds and closed-end funds, and had trained and supervised one of the industry's strongest and most experienced team of sales professionals. Mr. Whitaker was a member of numerous financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. organizations, including the Investment Company Institute, where he was a long-standing member of the Sales and Marketing Committee; the Financial Planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against Association; and the Money Management Institute. Eaton Vance has launched a national executive search for an individual to fill the positions left by Mr. Whitaker. In the interim, the current team of Eaton Vance sales and marketing senior executives and other professionals will continue to operate Eaton Vance Distributors, Inc. in coordination with the parent company's leadership. Eaton Vance Corp., a Boston-based investment management firm with $133 billion of assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. on December 31, 2006, is traded on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol EV. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion