AMVESCAP
TSX : AVZ
NYSE : AVZ
LSE : AVZ

AMVESCAP

October 04, 2005 10:49 ET

AMVESCAP Names Loren M. Starr New Chief Financial Officer

Atlanta, GA--(CCNMatthews - Oct 4, 2005) -

AMVESCAP PLC (NYSE:AVZ) (LSE:AVZ) (TSX:AVZ) today announced that Loren M. Starr has been appointed senior vice president and chief financial officer (CFO), effective October 12, 2005.

Mr. Starr, 44, will report to Martin L. Flanagan, AMVESCAP president and CEO. As CFO, Mr. Starr follows James I. Robertson who continues as an AMVESCAP executive vice president and member of the AMVESCAP PLC Board of Directors.

Most recently, Mr. Starr served from 2001 to July 2005 as senior vice president and CFO of Janus Capital Group Inc., after serving as head of corporate finance from 1998 to 2001 at another major U.S. mutual fund company, Putnam Investments. Prior to Putnam Investments, Starr held a series of increasingly senior corporate finance roles with Lehman Brothers, Inc. and Morgan Stanley & Co., Inc.

"Loren Starr is one of the most experienced financial professionals in the investment management industry," said Mr. Flanagan. "With his practical knowledge of all aspects of a public investment management company, including mutual fund expertise and corporate finance, Loren's skills will strengthen our management team as we work to build value for our clients and shareholders."

Starr, who will be relocating to Atlanta, received a bachelor of arts in chemistry and a bachelor of science in industrial engineering from Columbia University. He earned an MBA also from Columbia and an M.S. in operations research from Carnegie Mellon University. Starr is a Certified Treasury Professional (CTP) and currently serves as vice chairman of the Association for Financial Professionals (AFP).

AMVESCAP is a leading independent global investment manager, dedicated to helping people worldwide build their financial security. Operating under the AIM, AIM Trimark, INVESCO, INVESCO PERPETUAL and Atlantic Trust brands, AMVESCAP strives to deliver outstanding products and services through a comprehensive array of retail, institutional and private wealth management products for clients around the world. The company is listed on the London, New York and Toronto stock exchanges with the symbol "AVZ." Additional information is available at www.amvescap.com.

Contact Information

  • AMVESCAP
    Doug Kidd, Managing Director, Corporate Communications
    Phone: +1 404 479 2922 (U.S.)