MFS Investment Management promoted Kent Griffiths to divisional director for Northeast sales within MFS Fund Distributors. Griffiths, a 13-year MFS veteran, replaces Doug Bailey, who was elevated to national sales manager earlier this month when Jac McLean left to take a job at Eaton Vance (see The MFWire, 04/08/09).

Kent Griffiths MFS Fund Distributors Divisional Director for the Northeast

Most recently, Griffiths was regional vice president and divisional sales manager for Northeast sales, covering covering portions of Massachusetts, New York and Vermont. It was not immediately clear whether MFS has tapped a replacement for him in that role.

In his new post, Griffiths oversees 20 wholesalers, according to MFS spokesman Dan Flaherty.

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Company Press Release

BOSTON (April 24, 2009) – MFS Investment Management® (MFS®), the U.S.- based asset management firm that traces its origins to the creation of America’s first mutual fund, has named Kent Griffiths as divisional director for the northeast for its U.S. mutual fund distribution unit, MFS Fund Distributors, Inc. (MFD). Griffiths, a 13-year MFS veteran, most recently served as a regional vice president and divisional sales manager for northeast sales, covering portions of Mass., New York and Vermont. He reports to Douglas Bailey, MFS national sales manager. The appointment is effective immediately.

“Kent has helped to establish and maintain strong, long-standing relationships with independent and bank advisors in the northeast over last decade,” said Bailey. “As a result, he has a tremendous understanding of our clients’ needs that will serve him well in his new role.”

In his role, Griffiths will oversee MFS’ mutual fund sales team responsible for the six New England states, New York, New Jersey, central and western Pennsylvania and northeast Ohio. Griffiths succeeds Bailey, who was promoted to national sales manager earlier this month.

Griffiths joined MFS in 1995 and held a number of sales and client service roles, including internal wholesaler and regional sales manager, prior to being named divisional sales manager in 2008.

“I am excited to take on this new challenge and to take a leadership position on our sales team,” Griffiths said. “MFS has provided me the opportunity to develop my career over the last 13 years and I look forward to working with our sales team to continue to promote MFS as premier asset manager for our northeast clients.”

Griffiths has a bachelor's degree from the University of Texas at Austin.

About MFS Investment Management
MFS is a premier global money management firm with investment offices in Boston, London, Mexico City, Tokyo, Singapore and Sydney. The firm’s history dates back to March 21, 1924, and the establishment of the first U.S. “open-end” mutual fund. Today, MFS manages $134 billion in assets on behalf of five million investors worldwide, as of December 31, 2008.

 

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