Mark Giest has been promoted from president and chief operating officer of Montgomery Asset Management of San Francisco to chief executive officer. He succeeds Montgomery's founder, Stephen Doyle, who is remaining with the firm as chairman. In addition, the company has promoted Scott Tuck from chief marketing officer to president and David Demarest from chief administrative officer to chief operating officer.
John Hailer has been named president and chief executive officer of the New England Funds of Boston. Previously, Hailer was managing director and executive vice president at New England Funds. Hailer succeeds Bruce Speca, who is leaving to become president and chief executive officer of www.mutualfunds.com. Both New England Funds and www.mutualfunds.com are affiliates of Nvest, L.P. of Boston.