Pioneer Investment Management USA Inc., a subsidiary of the banking giant UniCredito Italiano SpA, has named a former Schwab Institutional executive as its head of distribution.
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Kevin A. Rowell will be responsible for the Boston company's retail fund sales business in the United States, including key distributor relationships. The hiring was announced Monday.
Mr. Rowell led distribution, national sales, and relationship management for Schwab Institutional, a subsidiary of Charles Schwab Corp. Earlier he was the president of Safeco Mutual Funds for two years.
