Significant Leadership Change at New England Asset Management
Major Leadership Transition at NEAM
New England Asset Management, Inc. (NEAM) is entering a new chapter as Calvin Clark, Jr., affectionately known as Chip, prepares to retire. After more than three decades of dedicated service, Chip will step down from his role as President, which is set to take place on March 31, 2025.
A Journey of Excellence
Chip’s journey with NEAM began in 1991, a tenure that spans over 34 remarkable years. Not only has he served as President since 2014, but his earlier role as Head of Client Strategy showcased his commitment and passion for clients and the investment industry, a field he entered back in 1986.
Celebrating Contributions and Legacy
In remarks addressing Chip's departure, William Rotatori, the current Chairman and Chief Executive Officer, expressed heartfelt gratitude for Chip's extraordinary contributions. He stated, "Chip has been an integral part of our company, contributing significantly to our growth and success. His leadership, vision, and commitment to serving our clients have been instrumental in shaping the company that we have become. His presence and passion for our business will be sorely missed."
The Vision for the Future
The board is positioning William Rotatori to step into the role of President, ensuring a seamless transition. Under William’s leadership, NEAM aims to continue its trajectory of success, delivering exceptional investment solutions tailored to its clientele.
About NEAM
NEAM is dedicated to supporting the insurance industry with top-notch investment management solutions. With a team of experienced professionals, the firm provides a comprehensive range of services that include asset management, enterprise capital strategies, capital and risk analytics, as well as investment accounting and reporting.
In a constantly evolving financial landscape, NEAM remains committed to adapting and innovating to meet the unique needs of its clients.
Commitment to Excellence
NEAM’s dedication to client service is reflected in its vast array of offerings, emphasizing not just financial performance but also strong relationships built on trust and respect. This commitment showcases their passion for delivering solutions that align with the strategic objectives of their clients.
A Bright Future Ahead
As NEAM navigates this leadership change, the focus will remain on creating value and maximizing the success of its partners in the insurance sector. The firm’s proactive approach continues to set it apart in the competitive landscape of investment management.
Frequently Asked Questions
Who is Calvin 'Chip' Clark?
Calvin 'Chip' Clark is the longtime President of New England Asset Management, Inc., with over 34 years at the firm.
When is Chip Clark retiring?
Chip Clark is set to retire on March 31, 2025, following a successful career at NEAM.
Who will replace Chip Clark?
William Rotatori, the current Chairman and CEO, will succeed Chip Clark as President of NEAM.
What does NEAM specialize in?
NEAM specializes in providing investment management solutions tailored for the insurance industry.
How long has NEAM been in operation?
NEAM has been serving clients since 1991, highlighting its extensive experience in the investment management sector.
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