MutualFundWire.com: An Ivy Vet Takes Up One of Pickens' Hats

MutualFundWire.com

The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication

Wednesday, July 22, 2015

An Ivy Vet Takes Up One of Pickens' Hats

Jeff Place just anointed a successor to take one of the two Ivy Funds [profile] hats left behind by a top distribution executive who moved on from the mutual fund shop last month. Stay tuned for word on that departed employee's second hat: national accounts.

Angela Achatz
Ivy Funds
Vice President, Head of DC I-O

MFWire's sister publication, 401kWire, broke the news that Place has named vice president Angela Achatz as head of DC I-O. Seven-year Ivy veteran Achatz reports to Place, senior vice president and head of sales, and her number two will be 11-year Ivy veteran Stacy Zenger, assistant vice president and DC I-O relationship manager.

Ivy's retirement and national accounts efforts had previously been led by the same executive: senior vice president Kirsten Pickens. Yet Pickens left Ivy last month. With the appointment of Achatz, DC I-O now falls under Place, head of sales. And national accounts reports to Tom Butch, president and CEO of Ivy Funds Distributor.

Ivy had about $66 billion in AUM as of March 31, including about $6 billion in DC I-O.

Printed from: MFWire.com/story.asp?s=52171

Copyright 2015, InvestmentWires, Inc.
All Rights Reserved