BERWYN, Pa.--(BUSINESS WIRE)--
Turner Investments today announced the appointment of industry veteran
Stephen J. Negrotti as the Firm's President and Chief Executive Officer.
Mr. Negrotti will report to Turner's Board of Directors and be
responsible for guiding the company in meeting its strategic goals,
developing the business globally, and managing the day-to-day operations
of the Firm.
"Since we established the Firm, we have been fortunate to have Steve's
counsel on an informal basis, and he has helped guide our thinking on
the best management practices in developing the company and in
establishing Turner's culture," said Robert E. Turner, co-founder,
Chairman and Chief Investment Officer of Turner. "We believe his decades
of experience, industry knowledge, and leadership skills will be of
immediate benefit to our clients and in shaping the firm's future."
Mr. Negrotti joins Turner with over 40 years of finance and
administration experience. Previously, he was a Partner at Ernst & Young
LLP serving as an Office Managing Partner, coordinating services to
financial industry clients, and most recently acting as an advisor in
their Global Private Equity practice in New York. He earned his MBA in
Finance from Drexel University and a Bachelor's degree in Accounting
from The Pennsylvania State University.
"Mission one at Turner has always been to provide clients superior
investment returns and the highest level of service, and that will
continue to be the driving force guiding our decisions in the years
ahead," said Mr. Negrotti. "We see incredible opportunity in the decades
to come for a growth-focused investment approach and look forward to
bringing those opportunities to our clients. I'm honored to lead a team
focused on achieving outstanding performance for those we serve."
About Turner Investments
Turner Investments is an employee-owned investment-management firm
founded in 1990 and based in Berwyn, Pennsylvania. As of April 30, 2014
the firm managed approximately $4.4 billion in equity investments for
institutions and individuals.
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Source: Turner Investments