Dan Geraci is leaving his position as president and CEO of Pioneer Investment Management to become president and CEO of Phoenix Investment Partners, a subsidiary of The Phoenix Companies with $54 billion under management. Geraci is leaving Pioneer after only 18 months. Prior to joining Pioneer, a division of UniCredito Italiano that manages $112 billion worldwide, Geraci was president of Fidelity Private Wealth Management.

Geraci is the second chief executive to leave the Boston company since its acquisition by UniCredito in May 2000.

Copyright 2003 Thomson Media Inc. All Rights Reserved.

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