Investment Company Institute President Matthew Fink has announced his plans to retire at the end of 2004. He will have spent nearly 34 years at the institute.
The ICI executive committee has formed another committee to find his successor.
"During my time at ICI, Ive had an extremely fulfilling career that has enabled me to help mutual funds become the investment of choice for 95 million Americans," Fink said. "Im proud of the exceptional record mutual funds have built advancing the interests of their shareholders. It has been an honor to represent an association and its members that value and promote a fiduciary culture of service to shareholders."