Fidelity has hired away an industry veteran with 20-years experience fund distribution and sales from Delaware.

Bill Presutti now works for Fido as a senior vice president, division manager.

He had previously served as division manager for three years at Delaware, responsible for the easter United States, where he had led 15 regional directors and two regional consultants.

Before that, he was a channel manager at TransAmerica; a director and senior vice president at Managers Investment Group; a divisional sales manager and executive director at UBS Financial Services; a managing director and partner at OneCapital Management Partners, and a regional manager and vice president at OpFunds. 

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