Executive Vice President, Fund Services
CurrentA founding, long-standing member of the Virtus management team - guides the publicly traded firm in strategy, risk, product, distribution, business extensions and governance. Devised and executed a strategy to re-shape the business model and financial profile of the Firm; enhanced the mutual fund line’s EBITDA by approximately 140% and the Firm’s EBIDTA by approximately 29%, adding an estimated 33% to the Firm’s market capitalization, Oversaw all financial and legal activities relative to the Company’s ‘spin-off’ into a stand-alone public entity, including the majority of filings and the exchange listing (“VRTS” on the Nasdaq). Teamed with our Chief Executive Officer and lead investment banker to recast, formalize and crystallize the Company’s business strategy and strengths as a stand-alone entity; single-handedly executed pitch to secure our cornerstone investor. Leads, coordinates and oversees all operational and financial matters for ~100 investment companies (~$80B AUM); directs and manages ~$750mm expense profile. Leads all fund risk management, accounting & tax, trading, custody, valuation, lending, treasury, customer service, share transfer activity and financial reporting; chairs the Funds’ valuation committees. Responsible for the mutual fund customer call center and transfer agency services: a team of ~70 internal and external staff servicing over 2mm shareholder accounts. Oversees accounting control structure for the funds; manages the outsourced financial agent and all accounting, filing and tax staff (~80 internal and external staff).
