Chicago-based Calamos Asset Management has promoted James Boyne to president and chief operating officer, a position he still holds.

Boyne has been with Calamos for nearly five years and previously served as chief operating officer and General Counsel for McDonnell Investment Management, where he was responsible for management of the company's businesses and operations, including its legal and regulatory compliance programs. He also served as senior vice president and Deputy General Counsel at Van Kampen Investments.

"Jim has been an integral part of the management team through these challenging markets and executing our key strategic initiatives," stated John Calamos, Sr., chief executive officer and global co-chief investment officer.

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