This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

PIMCO Hires Michael Cogswell As Senior Vice President In The Retirement Solutions Team

NEWPORT BEACH, CA -- (Marketwire) -- 03/30/11 -- PIMCO, a leading global investment management firm, has hired Michael Cogswell as a Senior Vice President in the firm's Retirement Solutions Team.

"Michael has substantial experience in the development of products for retirement income, particularly solutions that provide some element of longevity protection," said Wendy Cupps, a Managing Director in the Newport Beach office and Head of PIMCO's Product Management Group.

"This hire significantly adds to PIMCO's retirement solutions team and demonstrates our continuing commitment to retirement income solutions, an increasingly important market as advisors and institutions look for innovative income products to help tens of millions of Americans manage their retirement savings," said Cupps.

Cogswell will report to Tom Streiff, Executive Vice President, Retirement Solutions.

Cogswell comes from Genworth Financial, where he was deeply involved in the development and launch of variable annuity and retirement income products for both retail and institutional clients. Prior to Genworth, Cogswell worked in roles involving the development and management of insurance and retirement products for Sun Life Financial and Merrill Lynch's Retirement and Insurance Groups. He earned his BA in Economics from the College of the Holy Cross, a law degree from the University of Virginia and a LLM (Taxation) from Georgetown University.

About PIMCO PIMCO is a leading global investment management firm, with offices in 10 countries throughout North America, Europe and Asia. Founded in 1971, PIMCO offers a wide range of innovative solutions to help millions of investors worldwide meet their needs. Our goal is to provide attractive returns while maintaining a strong culture of risk management and long-term discipline. PIMCO is owned by Allianz Global Investors, a subsidiary of the Munich-based Allianz S.E., a leading global diversified financial services provider.

Except for the historical information and discussions contained herein, statements contained in this news release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may involve a number of risks, uncertainties and other factors that could cause actual results to differ materially, including the performance of financial markets, the investment performance of PIMCO's sponsored investment products and separately managed accounts, general economic conditions, future acquisitions, competitive conditions and government regulations, including changes in tax laws. Readers should carefully consider such factors. Further, such forward-looking statements speak only on the date at which such statements are made. PIMCO undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statement.

Contact: Michael Reid PIMCO - Media Relations 212-739-3253

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 17,528.65 -161.21 -0.91%
S&P 500 2,090.18 -13.66 -0.65%
NASDAQ 5,094.4140 -33.8670 -0.66%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs