Rainier IM Appoints New Chief

Rainier Investment Management has appointed Jim Ridgeway as acting president and CEO, MutualFundWire reports. He will succeed Len Brennan, who has stepped down from his role.

Ridgeway joined Rainier in 2005 for the firm’s Taft-Hartley client services team as the director of sales and client service. Previously, he has served at Columbia Management and Quest Investment Management.

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