OppenheimerFunds has hired William C. Carey as head of distribution and Martha B. Willis as chief marketing officer, to help the firm respond to a rapidly changing industry and to streamline marketing and distribution functions across the firm’s various business lines and out to clients.

“In early 2009, OppenheimerFunds embarked on a plan to focus on our core strengths in order to better serve clients and build on a long history of investment excellence,” said Bill Glavin, CEO of OppenheimerFunds. “Along with the investment and risk management leadership we put in place earlier this year, Bill and Marty will help us shape product and distribution strategies and maximize the strong sales and marketing talent we already have at OppenheimerFunds.”

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