PITTSBURGH, May 16, 2016 /PRNewswire/ -- Federated
Investors, Inc. (NYSE: FII), one of the nation's largest investment
managers, today announced the appointment of Paul A. Uhlman as president of Federated
Securities Corp., Federated's distribution arm for domestic
markets, effective June 15,
2016. The announcement was made by J.
Christopher Donahue, president and chief executive officer
of Federated Investors, Inc.
Uhlman will replace Thomas E.
Territ who will remain with Federated and participate in the
transition of duties over the next three months before retiring
later in the third quarter. Territ joined Federated in 1983 and
held several positions with increasing levels of responsibility
during his outstanding career.
"Tom was an important part of Federated's growth over many years
and during his tenure as president of the sales organization, led
Federated's domestic sales effort to record highs in sales and
assets," Donahue said. "I'd like to thank him for his dedication
and many contributions over the past 33 years."
In his new role, Uhlman will report to Donahue and provide
overall leadership to Federated's four domestic sales units:
broker/dealer; wealth management and trust; institutional and
retirement; and separately managed accounts (SMAs). A 26-year
veteran of the company, Uhlman has most recently served as national
sales director for Federated's Institutional and Retirement Sales
Division with assets totaling more than $60
billion. In this role, he led the group responsible
for sales to pension accounts and other retirement programs,
endowments, foundations, states and other government entities.
He joined the company in 1990, serving as an account
administrator and sales representative and later as a vice
president in trust sales. In 1999, his role expanded to sales
director, global accounts. He was named senior vice president
in 2004, national sales director for institutional sales in 2007
and executive vice president in 2010. He has a bachelor's degree
from the University of Pittsburgh and
an MBA from Columbia University.
"Paul has successfully led the institutional sales division at
Federated to new heights, expanding our relationships in the
demanding world of top-level institutional investors," Donahue
said. "In his new role, Paul will apply his leadership skills and
management abilities to a broader, more diverse group of
customers."
Federated Investors, Inc. is one of the largest investment
managers in the United States,
managing $369.7 billion in assets as
of March 31, 2016. With 124 funds and a variety of
separately managed account options, Federated provides
comprehensive investment management to approximately 8,400
institutions and intermediaries including corporations, government
entities, insurance companies, foundations and endowments, banks
and broker/dealers. For more information, visit
FederatedInvestors.com.
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SOURCE Federated Investors, Inc.