Beth Brown Appointed to Oppenheimer Funds New York Board

Dec 03, 2015, 09:00 ET from OppenheimerFunds, Inc.

NEW YORK, Dec. 3, 2015 /PRNewswire/ -- The New York Board of Trustees of the Oppenheimer Funds today announced the appointment of asset management industry leader Beth Brown to the Board, effective January 1, 2016.

"We look forward to the perspective and insight that Beth's experience will bring to our Board," said Brian Wruble, Chairman of the Oppenheimer Funds New York Board.

Brown currently works as an Independent Consultant, offering expertise to corporations, business units and individuals. In addition, she serves as an Advisor on the Board of Advisors for Caron Engineering, Inc., a global engineering firm.

Previously, Brown was Head of Intermediary Distribution for Columbia Management in Boston. She served as a member of the firm's Senior Management Team, M&A team, Product Approval Committee, and Code of Ethics Oversight Committee among other operating committees and teams. She was also the primary distribution liaison to multiple mutual fund boards.

Earlier in her career, she held the positions of Managing Director, Strategic Relations, and Managing Director, Head of National Accounts, at Columbia Management. Prior to its acquisition by Columbia, Brown was Senior Vice President, National Account Manager at Liberty Funds Distributor, Inc. At Liberty, she held earlier roles with increasing responsibility as Senior Vice President, Key Account Manager, and Vice President, Key Account Manager.

Brown is President of the Board of Directors of the Acton-Shapleigh Youth Conservation Corps, Vice President for the Board of Directors of the Grahamtastic Connection and a mentor for Invest in Girls, a nonprofit focused on educating young women interested in the financial services industry.

Brown received a B.A. from Boston College.

About OppenheimerFunds

OppenheimerFunds, a leader in global asset management, is dedicated to providing solutions for its partners and end investors. OppenheimerFunds, including its subsidiaries, manages more than $224 billion in assets for over 13 million shareholder accounts, including sub-accounts, as of October 31, 2015.

Founded in 1959, OppenheimerFunds is a high conviction asset manager with a history of providing active, innovative investment strategies to its investors. The firm's 14 distinct, collaborative investment management teams specialize in equity, fixed income, alternative and multi-asset strategies. OppenheimerFunds and its subsidiaries offer a broad array of products and services to clients, who range from endowments and sovereigns to financial advisors serving individual investors. OppenheimerFunds provides advisory services to the Oppenheimer mutual funds, and OFI Global Asset Management offers solutions to institutions. For more information, visit oppenheimerfunds.com.

Shares of mutual funds are not deposits or obligations of any bank, are not guaranteed by any bank, are not insured by the FDIC or any other agency, and involve investment risks, including the possible loss of the principal amount invested.

Before investing in any of the Oppenheimer funds, investors should carefully consider a fund's investment objectives, risks, charges and expenses. Fund prospectuses and summary prospectuses contain this and other information about the funds, and may be obtained by asking your financial advisor, visiting oppenheimerfunds.com, or calling 1.800.CALL OPP (225.5677). Read prospectuses and summary prospectuses carefully before investing.

Oppenheimer funds are distributed by OppenheimerFunds Distributor, Inc., 225 Liberty Street, New York, NY, 10281

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