HARTFORD, Conn., March 1, 2021 /PRNewswire/ -- Virtus
Investment Partners (NASDAQ: VRTS), which operates a
multi-boutique asset management business, today announced that W.
Howard Morris, CFA, has been
appointed to the company's Board of Directors and to its Audit
Committee.
Morris, 62, is the president and chief investment officer of The
Prairie & Tireman Group, an investment partnership in
Detroit that provides investment
management and personal financial planning and analysis to
high-net-worth individuals.
"Howard brings significant investment experience as a portfolio
manager at his firm for more than two decades as well as from his
years of public service to school districts and the State of
Michigan Tax Commission," said Timothy A.
Holt, chairman of the board. "His wealth of board
experience, expertise in investment management, and tenure as a
financial executive will be of significant benefit to our
company."
Prior to founding Prairie & Tireman in 1998, Morris was
president and chief investment officer at WILMOCO Capital
Management in Detroit, where he
managed portfolios for institutions. He served for three years as
chief executive officer and emergency financial manager for the
Inkster Public School District, where he had authority over all of
the district's financial and operational matters. He was appointed
to that position by the governor of Michigan after serving as the chief financial
officer of the Detroit Public School District.
Since 2007, he has been a member of the Board of Directors of
Owens Corning Corporation, a Fortune 500 company, serving on its
audit and governance and nominating committees. He is currently
serving a second four-year term on the Michigan State Tax
Commission.
Morris earned a Bachelor of Business Administration from
Northwood University in Midland,
Michigan and an M.B.A. from the Wharton School of the
University of Pennsylvania. He is a
licensed Certified Public Accountant (CPA) and holds the Chartered
Financial Analyst (CFA) designation from the CFA Institute and the
Personal Financial Specialist (PFS) designation from the American
Institute of CPAs.
About Virtus Investment Partners, Inc.
Virtus
Investment Partners (NASDAQ: VRTS) is a distinctive
partnership of boutique investment managers singularly committed to
the long-term success of individual and institutional investors.
The company provides investment management products and services
through its affiliated managers and select subadvisers, each with a
distinct investment style, autonomous investment process, and
individual brand. Virtus Investment Partners offers access to a
variety of investment styles across multiple disciplines to meet a
wide array of investor needs. Its affiliated managers include
Ceredex Value Advisors, Duff & Phelps Investment Management,
Kayne Anderson Rudnick Investment Management, Newfleet Asset
Management, NFJ Investment Group, Seix Investment Advisors, Silvant
Capital Management, and Sustainable Growth Advisers. Additional
information is available at virtus.com.
Forward-Looking Information
This press release
contains statements that are, or may be considered to be,
forward-looking statements. All statements that are not historical
facts, including statements about our beliefs or expectations, are
"forward-looking statements" within the meaning of The Private
Securities Litigation Reform Act of 1995, as amended. These
statements may be identified by such forward-looking terminology as
"expect," "estimate," "intent," "plan," "intend," "believe,"
"anticipate," "may," "will," "should," "could," "continue,"
"project," "opportunity," "predict," "would," "potential,"
"future," "forecast," "guarantee," "assume," "likely," "target" or
similar statements or variations of such terms. Our forward-looking
statements are based on a series of expectations, assumptions and
projections about the company, are not guarantees of future results
or performance, and involve substantial risks and uncertainty as
described in our most recent Annual Report on Form 10-K and our
filings with the Securities and Exchange Commission, which are
available in the Investor Relations section of our website,
www.virtus.com. All forward-looking statements are as of the date
of this release only. The company can give no assurance that such
expectations or forward-looking statements will prove to be
correct. Actual results may differ materially. You are urged to
carefully consider all such factors.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/virtus-investment-partners-announces-appointment-of-board-member-301237567.html
SOURCE Virtus Investment Partners, Inc.