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AIM Distributors Appoints Stueve National Sales Manager For IIDD Channel.

Business Editors

HOUSTON--(BUSINESS WIRE)--Jan. 4, 2000

A I M Distributors, Inc. (AIM) has announced the promotion of Jim Stueve to senior vice president and national sales manager for its Independent and Insurance Dealer Division (IIDD). AIM is a member of the AMVESCAP Group (NYSE:AVZ), one of the world's largest investment services companies.

Stueve had served as regional sales manager for IIDD since 1995. He has 14 years of experience in the financial industry and holds the designation of Certified Financial Planner. He graduated from Valparaiso University with a BS/BA in Finance/Economics.

"Jim's leadership skills and work ethic have been integral in the growth and expansion of IIDD in recent years," said Mike Cemo, president of AIM Distributors. "We welcome Jim to this very important role and look forward to the continued success of IIDD under his leadership."

Gordon Sprague, who had served as national sales manager of IIDD since its inception in 1993, has accepted a position of senior partner for AMVESCAP. In this new role, Sprague will assist AMVESCAP in developing retail strategies for its Canadian and Asian affiliates.

AIM was founded in 1976 and ranks as the nation's 10th largest mutual fund complex with approximately $120 billion in assets under management and 6.4 million shareholders as of Sept. 30, 1999. AMVESCAP had approximately $291 billion in assets under management as of Sept. 30, 1999.

A I M Distributors, Inc.
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Publication:Business Wire
Date:Jan 4, 2000
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