Steven A. Falci has joined Calvert as chief investment officer and senior vice president, equities. He was formerly a senior vice president and senior portfolio manager at Mellon Equity Associates, where he helped develop and manage the firm's socially responsible equity products. Before that, he was managing director, pension investments, at Nynex Corp.

"Steve shares our dual commitment to investment growth and positive social impact," said Barbara J. Krumsiek, president and chief executive officer of Calvert. "His experience in overseeing a rapidly expanding investment organization will be invaluable as our firm continues to add to its product line."

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