Parametric Hires Christine Smith as Chief Administrative Officer
SEATTLE, July 1, 2013
SEATTLE, July 1, 2013 /PRNewswire/ -- Parametric, a subsidiary of Eaton Vance
Corp. (NYSE: EV), and leading provider of engineered investment strategies and
implementation services to institutions, family offices and individual
investors, today announced it has hired Christine C. Smith as Chief
Administrative Officer. Ms. Smith reports to Chief Executive Officer, Brian
Langstraat and will be transitioning duties from Parametric Chief Operating
Officer, Andy Abramsky, who is retiring later this year.
"Christine has had proven success in managing high-performance, profitable
organizations, and her experience aligns very well with our firm's strategic
direction," said Mr. Langstraat. "We look forward to drawing on her knowledge
and experience as we serve a growing product suite and client base."
"I'm excited to be part of the Parametric team that develops the systems and
procedures that back the firm's continued growth," said Ms. Smith. "I look
forward to helping the firm to better serve its clients and grow our presence
in the multiple client segments we serve."
Parametric, founded in 1987, has grown rapidly to meet the needs of high net
worth and institutional investors. It currently manages about $100.8 billion
in assets in a range of strategies.
Prior to joining Parametric, Ms. Smith was President and Chief Operating
Officer at Bank of New York/Mellon's Transition Management Group, a division
which focused on derivatives-based strategies to help institutions manage
their asset class exposure during transitions, starting in 2001. In 2008, she
also took over leadership of BNY Mellon's Beta Group, which employs
derivatives-based strategies to reduce cash drag and adjust asset class
exposure. She began at BNY Mellon as Director of Risk and Compliance in
1997. Before joining that firm, she held various roles at Bear Stearns and
Parametric, a subsidiary of Eaton Vance Corp., focuses on the delivery of
engineered portfolio solutions, including rules-based alpha-seeking equity,
alternative and options strategies, as well as implementation services
including tax-managed core equity, futures overlay and centralized portfolio
management. As of April 30, 2013, Parametric, and its registered investment
adviser affiliate Parametric Risk Advisors, LLC, managed $100.8 billion in
assets on behalf of institutions, high-net-worth individuals and fund
investors in the U.S. and internationally. Parametric operates from
investment centers including Seattle, WA, Minneapolis, MN and Westport, CT.
For more information about Parametric, visit parametricportfolio.com.
Contact: Kurt Galley, 206.694.5512
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