Boston-based money manager, Putnam Investments, is reshuffling the senior management of its retirement division, Pensions & Investments reports. Jeffrey Carney, who led retirement as well as global marketing and products, will now be the sole in-charge of products and global marketing.
The managing director and head of the defined contribution business at Putnam, Edmund Murphy, will now be reporting directly to Putnam CEO Robert Reynolds. Separately, Kelly Marshall, head of investment product management at Putnam, has resigned from his position. She joined the firm in 2009 as director of market planning and analytics.
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