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Rating:Another Evergreen Alum Joins Fidelity Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, December 28, 2009

Another Evergreen Alum Joins Fidelity

Reported by Armie Margaret Lee

There's a recent addition to the number of Evergreen Investments alums within Fidelity Institutional Investment Services (FIIS). Karen McColl joined FIIS -- the unit that distributes mutual funds and 401(k)s through advisors -- as senior vice president of investment producdt management in November. She reports to Scott Couto, executive vice president of investment product management and fellow Evergreen Investments alum. As previously reported by The MFWire, Couto joined Fidelity in August.

The whole of FIIS is run by ex-Evergreen executive Peter Cieszko, who joined Fidelity in January.

McColl's post is new, Fidelity spokesman Adam Banker told The MFWire.

Prior to joining Fidelity, McColl held the same role at Evergreen Investments, which became part of Wells Fargo when the bank acquired Evergreen's parent, Wachovia Corp., at the end of 2008. McColl left Evergreen two months ago after four-and-a-half years with the asset manager.

It was not immediately clear how her old duties are being handled. Evergreen spokeswoman Laura Fay declined to comment on personnel matters.

Earlier, McColl worked at Columbia Management and Wellington Management. 

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