Roger Engemann & Associates, a subsidiary of Phoenix Investment Partners, has hired Gretchen Lash as chief investment officer, the company announced yesterday. She is expected to begin in her new position in mid-October.

Roger Engemann had been serving as the firm's chief investment officer as well as CEO since founding the firm in 1969. Engemann will remain CEO, but wanted to hire a chief investment officer to prepare for a transition when he ultimately retires, which is a few years away, a spokeswoman said.

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