Pioneer Investment Management of Boston announced it is adding 30 representatives to its sales force in an effort to increase annual sales to $10 billion by 2003, said Tara Pescatore, a company spokesperson. Currently, the firm has about $3 billion in annual sales, she said. It has 50 sales reps.
The firm is also dividing its sales territories into four regions in order to provide more focused sales coverage for each area, she said. The firm will split its Western and Eastern sales regions into Northeast, Southeast, Central and Western regions, said Pescatore.