Dan Geraci is leaving his position as president and CEO of Pioneer Investment Management to become president and CEO of Phoenix Investment Partners, a subsidiary of The Phoenix Companies with $54 billion under management. In his new position, which Geraci assumes in the middle of next month, he also becomes an executive vice president of the parent company.

Geraci is leaving Pioneer after only 18 months. Prior to joining Pioneer, a division of UniCredito Italiano that manages $112 billion worldwide, Geraci spent six years with Fidelity Investments, most recently as president of Fidelity Private Wealth Management.

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