The Whittier Trust Companies (WTC) Creates Four New Executive Positions and Promotes Eight Executives

Feb 27, 2006, 00:00 ET from The Whittier Trust Companies

    SOUTH PASADENA, Calif., Feb. 27 /PRNewswire/ -- The Whittier Trust
 Companies (WTC), a leading independent private trust company that focuses on
 protecting, enhancing, and perpetuating the wealth of high net worth clients
 throughout the United States and several foreign countries, today announced
 that the firm has filled four strategic executive-level positions and promoted
 eight of its existing executives located in three of the firm's offices in
 South Pasadena, San Francisco, and Reno.
     Established more than 70 years ago, WTC currently manages more than $4
 billion of clients' assets, making the firm among the leading private trust
 and wealth management companies in the country.  WTC is recognized for its
 comprehensive and disciplined approach to protecting wealth, creating asset
 growth, and providing clients with options for an orderly transition of assets
 to future generations.
     "The Whittier Trust Companies has experienced outstanding growth during
 the past year," said Michael J. Casey, president and CEO.  "By hiring
 experienced executives, and promoting a number of our seasoned executives, WTC
 is well-positioned to build on our commitment to meet and exceed the diverse
 needs of our high net worth clients."  The strategic hires announced by Mr.
 Casey today include:
 
     *  Charles Adams III, vice president, real estate.  In this role, Mr.
        Adams will be responsible for directing the firm's real estate
        activities and oversees the daily and long term management of real
        property held in the firm's Trust and other Fiduciary Accounts.
 
     *  Lisa K. Edwards, vice president, client administrator.  An attorney,
        Ms. Edwards brings more than 26 years of experience in the Trust and
        Estates industry to WTC.  She will manage 15 client relationships which
        is representative of the firm's uniquely low administrator to client
        ratio.
 
     *  Timothy S. Garrity, CFA, vice president, and business development
        officer.  In his position at WTC, Mr. Garrity will work closely with
        high net worth individuals, their families, and their key advisors.
 
     Seven executives from WTC's South Pasadena office were recently promoted
 to serve in new and expanded roles:
 
     *  Steven A. Anderson was promoted to executive vice president and
        continues to serve as general counsel at WTC.  In this role, he is
        responsible for the legal affairs of the firm and its affiliated
        companies.  In addition, Mr. Anderson works closely with the legal
        advisors of WTC's clients on a wide variety of matters including Estate
        Planning.
 
     *  Kathleen Briley has been promoted to vice president, client
        administrator.  With more than 25 years of Trust experience, Ms. Briley
        has been with WTC since 1993.
 
     *  David A. Dahl was promoted to senior vice president and continues to
        serve as WTC's chief portfolio manager.  In addition to managing client
        portfolios, Mr. Dahl manages WTC's Taxable and Tax-exempt, Fixed Income
        Investments, and Tax Aware Planning strategies.
 
     *  James A. Jeffs has been promoted to executive vice president and
        remains the chief investment officer.  He is responsible for clients'
        investments in all asset classes.  Mr. Jeffs has an extensive
        background in investment research, and in managing investment
        portfolios for institutional and high net worth clients.
 
     *  Richard E. Llewellyn, II has been named senior vice president and
        continues to serve the firm as a client administrator and manager.  He
        has more than 30 years of experience in managing trusts and estates.
 
     *  Grace L. Russak has been promoted to serve as the firm's director of
        advisory services and marketing.  Ms. Russak has more than 25 years of
        experience working with international clientele of high net worth
        individuals.  Ms. Russak was a client administrator and client
        development officer for nine years before moving to her current
        position.
 
     *  Robert D. Sellers has been promoted to the position of senior vice
        president.  Mr. Sellers remains the chief financial officer of WTC and
        leads the company's Corporate Accounting, Operations, Tax and
        Information Systems departments.  Before the formation of WTC, Mr.
        Sellers was a vice president of M. H. Whittier Corporation and was
        responsible for tax administration following the sale of Belridge Oil
        Company, where he had served as controller.
 
     In San Francisco, WTC has hired a senior executive to focus on Advisory
 Services:
 
     *  John N. Staples, III has joined the firm to serve as head of the San
        Francisco office's advisory services department.  In this role, Mr.
        Staples is responsible for providing advisory services to individuals,
        their families, and Trusts for the firm's San Francisco office.
 
     Currently celebrating its 10th year in Reno, The Whittier Trust Company of
 Nevada, Inc., manages more than $1 billion in client assets.  Mr. Casey
 announced one promotion in the Reno office:
 
     *  William E. Ramsey has been promoted to the position of senior vice
        president and remains the manager and client administrator in the Reno
        office.  Mr. Ramsey has more than 25 years of experience in Financial
        Services and is a Director of the Whittier Trust Company of Nevada,
        Inc.
 
     About The Whittier Trust Companies
     Established 70 years ago as the family office to the Whittier family known
 for their role in the development of Beverly Hills and for the management and
 operation of Belridge Oil Company, the modern Whittier Trust Companies is
 recognized for its unique offering of personalized wealth management services.
 These services include a uniquely comprehensive and coordinated approach to
 disciplines that will protect wealth, create asset growth, and provide an
 orderly transition of assets to future generations.  Enveloped into these
 investment philosophies is The Whittier Trust Companies' commitment to
 assigning an average of only 15 client relationships to each client contact
 officer.  This ensures frequent communication and individualized service at a
 level rarely matched by other wealth management services firms.
 
 

SOURCE The Whittier Trust Companies