Waddell & Reed Financial, Inc. Appoints New Directors, Further Broadening Experience and Diversity of Corporate Board
February 24 2020 - 5:51PM
Business Wire
The Board of Directors of Waddell & Reed Financial, Inc.
(NYSE: WDR) has added two business veterans to its ranks, bringing
added expertise and an enhanced diversity of perspective to the
Board. Appointed to the Board this month were:
- Katherine M.A. (“Allie”) Kline, former chief marketing
and communications officer for Oath Inc. (now Verizon Media), a
Verizon Communications, Inc. subsidiary consisting of more than 20
distinctive digital brands, including AOL, HuffPost, Techcrunch and
Yahoo. With more than 25 years of business, branding and marketing
experience, she has been an entrepreneur and has also held
leadership and marketing roles at 33Across, Unicast (now Amazon),
InterVU (now Akamai) and the Washington Wizards.
- Constance (“Connie”) K. Weaver, Co-founder and chief
executive officer of Tracker Group LLC. She has 35 years of
experience as a C-suite executive building and leading
award-winning organizations in marketing, communications and
investor relations across a variety of industries, including
financial services and insurance, technology, global consulting,
publishing and telecommunications for firms in periods of
transformation. Connie served as Senior Executive Vice President
and Chief Marketing & Communications Officer at TIAA, where she
led the successful transformation of the company’s marketing
strategy, digital experience and iconic TIAA brand, and has served
as Chief Marketing and Communications Officer for Hartford
Financial Services Group, AT&T and BearingPoint as well as
leading investor relations for AT&T, Microsoft, BearingPoint
and others.
The two new Board members join two other Directors added to the
Board in 2019 to fill out Waddell & Reed Financial’s Board of
Directors with a range of business and financial industry
experience that will help support, enforce and drive the Company’s
growth strategy. The two other recent additions were:
- Kathie J. Andrade, a financial industry veteran who
served as CEO of Retail Financial Services at TIAA, as well as a
former member of TIAA’s executive committee and President of TIAA
Services Broker Dealer and COO of Wealth Management. She also held
a number of senior management positions at Bank of America.
- James A. Jessee, a 38-year financial services veteran
who served as Co-Head of Global Distribution and President of MFS
Fund Distributors, Inc. He also served on the board of the
Investment Company Institute from 2014-2018.
“We are excited to add four outstanding business leaders to our
Board of Directors,” said Thomas C. Godlasky, Chairman of the Board
for Waddell & Reed Financial, Inc. "Their broad experience in
asset management, wealth management, marketing and communications
complement the quality and talent of our existing Directors. We
also continue to diversify the composition of the Board
incorporating important, new perspectives into the group."
"Our Board is comprised of a diverse group of individuals with
expertise across multiple industries and professions. Having a
strong, diverse Board of Directors working in a collaborative
partnership with our executive leadership team will better position
us to build upon our transformational progress to date and achieve
our long-term growth strategies, all while advancing our position
as a values-based and purpose-driven organization,” said Philip J.
Sanders, CEO of Waddell & Reed Financial, Inc.
About Waddell & Reed Financial, Inc.
Through its subsidiaries, Waddell & Reed Financial, Inc. has
provided investment management and wealth management services to
clients throughout the United States since 1937. Today, we
distribute our investment products through the unaffiliated channel
under the IVY INVESTMENTS® brand (encompassing broker/dealer,
retirement, and registered investment advisors), our wealth
management channel (through independent financial advisors
associated with WADDELL & REED, INC.), and our institutional
channel (including defined benefit plans, pension plans, endowments
and subadvisory relationships). For more information, visit
ir.waddell.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20200224005954/en/
Roger Hoadley VP, Communications rhoadley@waddell.com
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