CHICAGO–(BUSINESS WIRE)–Harbor Capital Advisors, the investment adviser to the Harbor Funds
family of no-load actively managed mutual funds, today named John S.
Halaby as Executive Vice President and Head of Distribution. Mr. Halaby,
who will be based in the firm’s Chicago headquarters, will report to
Harbor Capital Advisors President Kristof Gleich once the appointment
becomes effective on August 5, 2019. Mr. Halaby was also named President
of Harbor Funds Distributors.
Mr. Halaby joins Harbor Capital Advisors from T. Rowe Price Associates,
Inc., where he spent over 17 years and most recently served as U.S.
Intermediaries – Head of Financial Institutions Group. In this capacity,
Mr. Halaby oversaw the distribution of the firm’s products through
banks, registered investment advisors (RIAs), retail platforms,
custodians, and turnkey asset management platforms (TAMPs). Mr. Halaby
also served on the leadership team overseeing the firm’s intermediary
distribution division and was a member of the firm’s diversity and
inclusion operating committee.
He began his career at Scudder Kemper Investments.
“John has earned a reputation as a strategic, proven leader whose
passion for both the business and his team has distinguished him
throughout his career,” said Charles F. McCain, CEO of Harbor Capital
Advisors. “He is joining the firm at an exciting time in our history and
will bring a fresh perspective in leading a deeply talented sales
organization, while collaborating closely with other leaders in senior
management to articulate evolving client needs and help shape new
initiatives. We’re incredibly thrilled to welcome John to the Harbor
family.”
In his new role, Mr. Halaby will oversee the firm’s sales and marketing
teams, located primarily in Chicago and Boston, with a focus on how
Harbor Capital Advisors can best serve the evolving needs of investors.
He will be counted on to help foster alignment between this changing
investment landscape and Harbor Capital Advisors’ suite of actively
managed funds. He will also provide strategic direction on the
development of investment products and the strengthening of partnerships
with subadvisers to position Harbor Capital Advisors to capitalize on
attractive new market opportunities over time.
Mr. Halaby is succeeding Hugh Kelly, who retired as part of a planned
succession after 17 years of distinguished service at Harbor Capital
Advisors.
“Hugh was a critical catalyst in establishing Harbor as a leading fund
company by building out a professional distribution system to foster
longstanding and trusted relationships with clients. I have relied upon
Hugh’s insights and counsel for many years and his invaluable
contributions to the firm will not be forgotten,” added Charles F.
McCain. “After an accomplished career, we share in Hugh’s excitement as
he spends more time with family and traveling, pursues new board
opportunities to share wisdom amassed over more than four decades in
asset management, and continues his philanthropy to build on what is
already a remarkable legacy.”
About Harbor Capital Advisors
Harbor Capital Advisors, Inc. serves as the investment adviser to the
Harbor Funds family of no-load, open-end mutual funds. Each Harbor fund
is managed by an institutional investment firm selected by Harbor
Capital Advisors, Inc. and approved by the Harbor Funds Board of
Trustees based on the firm’s experience in a specific asset class.
Harbor Funds has combined net assets of approximately $47 billion as of
March 31, 2019. Fees and expenses apply to an investment in Harbor Funds
and are described in each fund’s current prospectus. Harbor Funds are
distributed by Harbor Funds Distributors, Inc.
Contacts
Paul Lim
Vice President
BackBay Communications
617-245-5311
[email protected]
