Economics
Bonow Appointed CEO of PFM Group as White Named Chairman
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John Bonow has been named chief executive officer of PFM Group, owner of the largest investment adviser in the U.S. municipal bond market.
Bonow, 42, a 20-year company veteran, has been managing PFM’s West Coast utilities practices. He will replace F. John White, 64, who will become chairman, the Philadelphia-based company said in an e-mailed statement.