Cary Krosinsky, Senior Vice President, North America at Trucost in New York, has left the company after four and a half years in the post. The environmental accounting company has appointed Libby Bernick to replace him in the same SVP role. Before joining Trucost, Bernick was Vice President at UL Environment, leading its global sustainability services practice and prior to that was Director of Consumer Products & Retail Sector at PE International Five Winds. It is not believed Krosinsky has taken on a full time business position elsewhere, but he is understood to be developing a number of options alongside his current teaching posts on sustainability and investing at Columbia University’s Earth Institute and the University of Maryland Robert H. Smith School of Business. Krosinsky was Co-Editor/Author of 2008’s Sustainable Investing: The Art of Long-Term Performance as well as 2012’s Evolutions of Sustainable Investing.
Vigeo, the Paris-based ESG research house, is hiring two new staff for business development and sales. The company is looking for a Business Development Manager for its Brussels office to manage client relationship and develop business in the Benelux region. The position, which the firm is looking to fill quickly, reports directly to the Director of Vigeo Rating. The new Business Development Director will replace Daphné van Osch, who has been with Vigeo in the position for just over two years and is understood to be leaving Brussels for personal reasons. Separately, at its Paris HQ, Vigeo is recruiting a Sales Director for its Vigeo Enterprise Department, with responsibility for sales and marketing to companies and local authorities.
Darryl Keeton has joined Calvert Investments as Director, Internal Sales. He was most recently Senior Vice President at Neuberger Berman Management LLC. Sustainable fund firm Calvert has around $12bn in assets under management.
There’s been a management change at Norwegian solar firm Renewable Energy Corporation. Bjørn Brenna has stepped down as Chief Financial Officer after seven years with the company. Kjell Christian Bjørnsen has been appointed as the new CFO; he was formerly vice president of Strategy and Business Development. John Andersen has also resigned from his post as Chief Operating Officer. Announcement*A number of leading responsible investment* figures have been named to the National Association of Corporate Directors (NACD) Directorship 100: Governance Professionals and Institutions. Among them are Richard Bennett, Nell Minow and Paul Hodgson (GMI Ratings), Lucian Bebchuk (Harvard), Carol Bowie and Martha Carter (ISS), Roger Ferguson and Stephen Brown (TIAA–CREF), David Eaton (Glass Lewis), Michelle Edkins (BlackRock), Anne Simpson (CalPERS), Anne Sheehan (CalSTRS), Timothy Smith (Walden Asset Management), Christianna Wood (International Corporate Governance Network) and Ann Yerger (Council of Institutional Investors). Link
Deutsche Bank has named the five members of a new independent commission that it says will review its pay practices relative to the bank’s peers and in advance of future EU regulation. The group includes former German finance minister Theo Waigel; Schroders CEO Michael Dobson; Morris Offit, a supervisory board member at US insurer AIG; Michael Otto, chairman of German mail delivery firm Otto Group; and former BASF CEO Jürgen Hambrecht. Hambrecht is the commission’s chairman. Said Deutsche Bank Co-Heads Jürgen Fitschen and Anshu Jain: “The commission’s work will help enable us to fulfil our promise to put Deutsche Bank at the head of cultural change in the banking industry.”
Martha Fell is retiring from her role as CEO at Women in Capital Markets (WCM), the non-profit organization that promotes women in the Canadian capital markets. The WCM board has commenced the search for new leadership, it said.
Boston Trust & Investment Management Co., the US fund manager with more than $6bn under management, has advertised a vacancy for a Portfolio Manager. The role is to “provide portfolio management and financial guidance to high net worth individuals and families as well as institutional clients”. Boston Trust is the parent of leading sustainable fund firm Walden Asset Management. Link