Underscoring its intentions to continue expanding globally,
Peace will replace current CEO Sarah Dunn. She, meanwhile, has been promoted to a position at Lipper's parent company,
In announcing the changes, Dunn said Peace has "broad international experience" that fits well with Lipper's continuing plans to become a global force. Company representatives could not be reached to elaborate on what Lipper may be planning overseas.
Peace previously worked with Reuters for 15 years, where he held sales and marketing positions throughout the U.K. and Asia. He has also held positions with Lloyds International Bank in Barcelona, Spain as well as
Peace is expected to work from his Hong Kong office for several months before moving to Lipper's New York headquarters.
