The Vanguard Group has named Gerard P. Mullane director of sales for its Institutional Investor Group. He will be responsible for overseeing the company's sales to corporate and non-profit retirement plans and to corporate asset management programs. Mullane joined Vanguard in 1989 and held a series of positions within its institutional investor group. He succeeds Shelton S. Unger, who has been named head of Vanguard's Online Services unit.

MainStay Funds has named Mark Gordon president of NYLIFE Distributors, distributor of the MainStay family of 22 mutual funds. He joins the firm from Seligman Financial Services, where he was senior vice president in charge of sales for all of Seligman's mutual funds.

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