OppenheimerFunds has appointed Kirk Reid as Head of Operations, with responsibility for developing and implementing platforms, processes, and capabilities required for the firm to continue to grow its retail business while further expanding in the high-net-worth and institutional spaces.
Reid will be based in Denver and will report to Eric Meltzer, OppenheimerFunds’ Chief Technology and Operations Officer.
“Kirk’s appointment underscores our focus on delivering best in class business outcomes for our clients,” says Art Steinmetz (pictured), OppenheimerFunds’ Chairman and CEO. “Kirk is an accomplished expert in his field, and we’re delighted to have him join the firm to help develop and build operating infrastructure across OppenheimerFunds.”
Prior to joining OppenheimerFunds, Reid served as Senior Vice President, Global Institutional Operations, at Janus Capital Group, where he led an international team that oversaw operations for Janus’s five separate and distinct asset managers. He previously was responsible for Retail Marketing Analytics and Business Intelligence and was a Director of Retail and Call Center Operations at Janus. He started his career at Janus in 1995 as an Investor Service Representative.
“Kirk brings robust experience in global operations that will help our firm build the future state operating infrastructure to support significant growth,” says Meltzer. “He will help lead the transformation from a federated to a centralised business model.”
“OppenheimerFunds is a widely respected global asset manager that recognises the importance of serving its clients through progressive and agile operating infrastructure,” says Reid. “I look forward to helping the firm continue to develop and strengthen its operations strategy and capabilities.”
