Chicago, IL, Release: January 14, 2020. For Immediate Release.
Asset Management and Allocation (AAM) announced today that Mark Steiger, Principal and Chief Compliance and Operations Officer, has retired effective December 17, 2019.
Mark has served in his current role since April 2002. During Mark’s tenure as Chief Compliance and Operations Officer, he played a critical role in helping the firm adapt to significant changes in the management and firm leadership. In the process, he contributed significantly to our culture of regulatory compliance and operational diligence.
“Mark has been an outstanding leader and colleague for many years. His work ethic, diligence, and client focus have been exemplary at the company,” stated Chief Executive Officer John Schaefer. “Mark has been a mentor to many, and his influence has made an indelible impact to all of us at the firm. I want to thank Mark for all he’s done for the development and progress of AAM.”
Prior to joining AAM, Mark was an Assistant Vice President and Operations Manager for the portfolio management and client services team at Zurich Scudder Investments (ZSI). In addition, he previously served as the Manager of Fixed Income Operations and Systems at Farmers Insurance Group in Los Angeles where he also led the Securities Accounting department. Mark earned a BS in Accounting from California Lutheran University.
Mark’s 37 years of systems and investment experience will be greatly missed, but we appreciate his 19 years of service to AAM and all of our clients.