The company has also announced that Tom Eggers, who is both the CEO and president of the company, will retire and the new appointments will be effective from March 31, 2008.
Mr Baum joined Dreyfus in 2006 as the company’s vice chair of distribution and he was overseeing distribution to intermediaries of all financial products, relationship management with intermediary partners, field management, retirement and separate account specialists and internal wholesalers. Prior to joining Dreyfus, he was COO at Scudder Investments and CEO of its distribution company.
Prior to joining Dreyfus, Mr Cardona was with Bradford Trust Company. At Dreyfus, he joined at the company’s vice chair and was responsible for overseeing the institutional selling efforts of approximately 25 investment sales professionals responsible for the growth and maintenance of approximately $175 billion in client assets.
Jon Little, chairman of The Dreyfus, vice chair of BNY Mellon Asset Management and a member of the Bank of New York Mellon executive committee, said: Jon Baum’s distribution expertise, industry reputation and proven sales leadership have revitalized Dreyfus’ distribution activities, allowing the firm to better intensify its focus on intermediary clients. Jon will continue Dreyfus’ evolution as a first-class distribution firm.
