BERWYN, Pa.--(BUSINESS WIRE)--Turner Investments today announced the appointment of industry veteran Stephen J. Negrotti as the Firm's President and Chief Executive Officer. Mr. Negrotti will report to Turner's Board of Directors and be responsible for guiding the company in meeting its strategic goals, developing the business globally, and managing the day-to-day operations of the Firm.
"Since we established the Firm, we have been fortunate to have Steve's counsel on an informal basis, and he has helped guide our thinking on the best management practices in developing the company and in establishing Turner's culture," said Robert E. Turner, co-founder, Chairman and Chief Investment Officer of Turner. "We believe his decades of experience, industry knowledge, and leadership skills will be of immediate benefit to our clients and in shaping the firm's future."
Mr. Negrotti joins Turner with over 40 years of finance and administration experience. Previously, he was a Partner at Ernst & Young LLP serving as an Office Managing Partner, coordinating services to financial industry clients, and most recently acting as an advisor in their Global Private Equity practice in New York. He earned his MBA in Finance from Drexel University and a Bachelor's degree in Accounting from The Pennsylvania State University.
"Mission one at Turner has always been to provide clients superior investment returns and the highest level of service, and that will continue to be the driving force guiding our decisions in the years ahead," said Mr. Negrotti. "We see incredible opportunity in the decades to come for a growth-focused investment approach and look forward to bringing those opportunities to our clients. I'm honored to lead a team focused on achieving outstanding performance for those we serve."
About Turner Investments
Turner Investments is an employee-owned investment-management firm founded in 1990 and based in Berwyn, Pennsylvania. As of April 30, 2014 the firm managed approximately $4.4 billion in equity investments for institutions and individuals.