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Dennis J Mooradian named president and chief executive of HighMark

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Union Bank’s executive vice president and head of wealth markets Dennis J Mooradian has been named president and chief executive officer of HighMark Capital Management, Union Bank’s asset management subsidiary.



 

He will also serve as chairman of the board of directors of HighMark Capital Management.

He succeeds retiring president and chief executive Earle A. Malm, who joined HighMark in 2002. Malm will stay on in an advisory role through September 2012.

“Over the past decade, the HighMark funds have been acknowledged by Morningstar, accorded Lipper Fund Awards, and included in Barron’s list of the top 10 performing mutual fund families,” says Mooradian. “In just the past 12 months, our mutual fund sales have more than doubled while the funds themselves have achieved placement on more than twelve Recommended Lists at major national brokers-dealers. These are impressive achievements led by Earle and his team.”

HighMark Capital Management provides a range of investment solutions for retirement plans, public agencies, corporations, educational institutions, foundations, endowments, and high-net-worth individuals. Its family of HighMark Funds include 24 fixed-income funds, domestic and international equity funds, money market funds, and asset allocation portfolios.

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