SEC Promotes Hawke as Philly Associate Director
Daniel M. Hawke, who has worked for the Securities and Exchange Commission's enforcement division for five years, has been promoted to the division's associate district administrator position in the Philadelphia office. He replaces Merri Jo Gillette, who is now the regional director of the SEC's Midwest office.
"During his tenure with the division of enforcement, Dan has demonstrated an extraordinary and unwavering commitment to the work of the Commission," said Stephen M. Cutler, the SEC's director of enforcement, to whom Hawke will report. "He is a great talent, and I am delighted he will be the associate district administrator for enforcement in Philadelphia."
Hawke's work at the Commission was highlighted by his participation in the infamous Arthur Anderson case, in which the accounting firm and four partners improperly audited Waste Management. He also worked on the case against Banc of America Securities that fetched a record $10 million in penalty money for the Commission. He has won two internal awards while working for the division of enforcement.
Prior to joining the SEC in 1999, Hawke was a partner with Tucker, Flyer & Lewis.
Kempler Becomes Director Of Funds at TIAA-CREF
TIAA-CREF has named Susan Kempler as its new director and portfolio manager for institutional and retail growth and income funds. In her new position, Kempler will be charged with managing more than $1 billion in assets.
"Susan is an innovative, experienced manager with an accomplished background in both growth and income equities," said Susan Ulick, head of equity investments for TIAA-CREF.
Kempler has had a multifaceted background in the financial services industry, working most recently at Citigroup Asset Management. There, she both launched and co-managed the Smith Barney Mid-Cap Core Fund. Before that, she was a portfolio manager at U.S. Trust, specializing in high-net-worth, and a media and entertainment analyst at Morgan Stanley.
Mercury Advisors Names Horvath VP; Adds Six Others
Merrill Lynch Investment Managers' Mercury Advisors distribution unit has promoted Michael Horvath from the internal sales group to the regional vice president for the southern Texas and Louisiana division.
Mercury also named William Cavey, Patrick Evans, Frank Harmon, Scott Hyster, Steven Simons and Douglas Vaaler as vice presidents of sales, giving it 15 regional vice presidents in all. The new vice presidents report to Harold Clemons, head of national sales.
Cavey, who will handle the mid-Atlantic and Southeast regions, comes to Mercury from PBHG Fund Distributors, where he was also a regional vice president. Before that, he worked at Wachovia as a national sales manager. Evans, who comes to Mercury from a regional consultant position with Goldman Sachs, where he sold separate accounts, mutual funds and 401(k)s, will handle the Southwest region. Harmon, who will cover the northern Midwest region for Mercury, most recently served at Deutsche Bank, where he was charged with distribution of SMAs, mutual funds, hedge funds and annuities. Hyster will cover the northern Northwest region for Mercury. Throughout his 12-year career, he has worked for, among others, Piper Jaffray, US Bancorp and National City Bank. Simons covers the Southeast and comes from Claymore Securities, where he worked in distribution for various types of investment products. Vaaler, who will handle the Midwest and Great Plains for Mercury, has worked at Prudential Financial, AG Edwards, and Paine Webber.