MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, October 5, 2001 Eggers is New Dreyfus Prez The executive march at Dreyfus continues with the promotion of a new president. Mellon Financial, Dreyfus' corporate parent, said today that Thomas F. Eggers, 49, will take the title replacing Stephen E. Canter who was recently promoted to the chairman and chief executive officer posts. Canter received his own promotion after Christopher "Kip" Condron last May. Mellon also named Stephen R. Byers, chief investment officer at Dreyfus, and Michael G. Millard, president of Dreyfus Investments, as vice chairmen of Dreyfus. Eggers will continue to head distribution for the fund firm as chief executive of Dreyfus Service Corporation. He also retains his place on the senior management committee of Mellon and on the board of managers at Founders Asset Management. He joined Dreyfus in 1996 as head of the firm's broker-dealer division. Prior to joining Dreyfus, he had headed mutual fund, separate account and wrap account distribution at Paine Webber's Mitchell Hutchins Asset Management unit. "With his leadership and keen marketplace insight, Tom Eggers has helped fuel Dreyfus' growth in recent years as we have successfully executed on a multi-channel distribution strategy," said Canter in a statement. "Tom has significantly broadened our reach by entering new distribution channels and forging additional relationships with third-party intermediaries." "Steve Byers has spearheaded the expansion of Dreyfus' proprietary research capabilities both in equities and fixed income," Canter said. "Meanwhile, Mike Millard has been at the forefront of our sales success, which has been particularly impressive amid this year's market volatility. We're pleased to recognize both Steve and Mike's contributions." New York City-based Dreyfus has $160 billion in assets in more than 190 mutual fund portfolios. Printed from: MFWire.com/story.asp?s=27038 Copyright 2001, InvestmentWires, Inc. All Rights Reserved |