Columbia Management Hires Industry Veteran Joseph Kringdon To Lead Intermediary Distribution

Columbia Management announced today that Joseph D. Kringdon has joined the firm as Managing Director, Head of Intermediary Distribution, based in Boston. Mr. Kringdon leads intermediary distribution across all channels and reports directly to Ted Truscott, CEO – Global Asset Management. In addition, he serves on Columbia’s Senior Leadership Team.

In this role, Mr. Kringdon is responsible for the distribution of investment products and solutions across all of the firm’s retail channels as well as the DCIO and 529 businesses. Mr. Kringdon will work closely with sales, product and investment leaders across the organization.

“We are pleased to welcome Joe to Columbia Management,” said Mr. Truscott. “His experience and proven leadership track record will be an added strength for the firm. The appointment reinforces our commitment to our distribution partners.”

Mr. Kringdon brings over 30 years of experience in financial services, including multiple leadership roles in sales and marketing. Mr. Kringdon joins Columbia Management from Pioneer Investments, where he served six years as Executive Vice President and Head of U.S. Retail Sales and Marketing. Over the course of his career he has held distribution and investment positions of increasing responsibility at Putnam Investments, Smith Barney and Merrill Lynch. He is a graduate of the College of the Holy Cross.

About Columbia Management:
Columbia Management is a leading manager of long-term mutual fund assets with $363 billion under management* as of June 30, 2014. Columbia Management is a subsidiary of Ameriprise Financial, Inc. (NYSE: AMP). For more information, please visit columbiamanagement.com.

*$363B AUM as of 6/30 includes assets from Columbia Management Investment Advisers, LLC and its affiliate Columbia Wanger Asset Management, LLC.

Investment products offered through Columbia Management Investment Distributors, Inc., member FINRA. Advisory services provided by Columbia Management Investment Advisers, LLC.

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