Tom Seip has been named senior advisor to Webster Investment Management Co. of San Francisco. Webster is sponsor and investment advisor to the Forward Funds of San Francisco. Seip had previously been chief executive officer of Charles Schwab Investment Management of San Francisco before taking an early retirement in 1998. He was also a trustee of the Schwab Family of Funds and had been instrumental in establishing Schwab's One Source Mutual Fund Service supermarket.
James P. Pappas has been promoted to president of UAM Investment Services of Boston. Pappas, who joined UAM in 1995, was previously marketing director of the UAM Funds, responsible for selling mutual funds to financial advisors and other intermediaries. Pappas replaces John Cook, who is leaving the company to return to investment management.