Eagle Investment Systems, a provider of Web-based financialservices technology for insurers and other institutions, will havea new management team headed by Lou Maiuri.

|

The announcement was made today by Boston-based Eagle's parentcompany, Mellon Financial Corp. in Pittsburgh.

|

In addition, David Palten, current chief executive officer, willbecome chairman when Mr. Maiuri rejoins the organization inOctober.

|

Mellon said John Lehner has been promoted to president ofEagle.

|

John L. Klinck Jr., Mellon vice chairman, said Mr. Maiuri willwork with Mr. Palten and Mr. Lehner to “integrate the strategicvision, gain competitive advantages through new technology-basedproducts and services, and sustain marketplacedifferentiation.”

|

Mr. Maiuri, 41, who has some 20 years of experience building,delivering and servicing investment management technology productsto the global market, originally joined Eagle in 1996 as apartner.

|

Mr. Palten, 51, an Eagle co-founder, was named chief executiveofficer in August 2003. In his new role, he will continue to reportto Mr. Klinck and develop corporate strategies that focus onexpanding Eagle's global business.

|

In addition to his current responsibilities, which includeglobal sales and marketing, Mr. Lehner, 40, will now be responsiblefor international operations, product management and the company'sservices teams, Mellon said.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.