The National Investment Company Service Association has just announced a new vice chairman and four new members of the board.Peggy Schooley, president of Evergreen Service Co., is now NICSA vice chairman, a new office for the NICSA governing board. Schooley joined Evergreen earlier this year from Pioneer Investments, where she was president and CEO with responsibility for Pioneer Investment Management Shareholder Services. She has more than 20 years of experience in the mutual fund industry and has served on various operations, broker/dealer and transfer agent committees of the Investment Company Institute and the National Investment Company Service Association.
NICSA's four new board members are:
James (Jim) Deats, a director of Merrill Lynch and SVP, Merrill Lynch Financial Data Services, a company that oversees transfer agency and operational processing worldwide, including that of a number of Merrill's own companies.
Paul Heller, principal, Vanguard, in charge of core retail business services for four million clients with $150 billion in assets.
Stephen Hooley, president, Boston Financial Data Services. Hooley has more than 19 years of domestic and international experience in the financial services industry, including 11 years with State Street Corp., most recently as SVP.
Stephen Welsh, president, Columbia Fund Services, where he oversees all TA operational and client service functions for the $200 billion Columbia Management Group funds, both retail and institutional.