Peter S. Kies has been named managing director and co-head of the equity capital markets team at Milwaukee-based Robert W. Baird & Co. Kies will oversee Baird’s equity transaction business alongside Greg Ingram.
He will focus on the services and consumer sectors and Ingram will continue to focus on healthcare, technology and other emerging growth sectors.
“We are very excited to have Peter lend his talents and knowledge to the Equity Capital Markets team,” said Bill Mahler, Institutional Equity Services Director. “Our footprint in the marketplace continues to expand rapidly, and adding a veteran talent like Peter is another significant step in strengthening our competitive position.”
Kies is a member of the Baird Foundation Board and chairs its investment banking recruiting committee. He previously built the firm’s facility, industrial and rental services investment banking practice – in his new role, Kies will continue to oversee that practice.
Milwaukee-based Heartland Advisors Inc. has named Kevin Joy vice president of institutional sales. Joy is now responsible for developing business with institutional investors and consultants through Heartland’s separately managed accounts and mutual funds.
“I joined Heartland because of its long track record working with institutional clients,” he said. “Its consistent application of investment process, long tenure of portfolio managers and outstanding service are critical to the needs of these professionals.”
Joy spent 10 years at Goldman, Sachs & Co. in the investment management division, focusing on financial intermediaries and high net worth clients.
Joy’s hire follows a recent surge in inquiries and sales activity at Heartland, resulting in net positive sales during a volatile year in the market.
“This upward trend ran counter to ICI data, which showed U.S. stock funds had outflows in May and June,” said Dave Ribbens, senior vice president and head of distribution. “I am confident Kevin will build on the momentum we have established.”
Chicago-based Harris Bank has named Peter Engel as head of retail banking and Tom Bolger as head of commercial banking in Wisconsin.
Bolger previously led Harris’ Wisconsin operations. In his new role, he will focus on growing Harris’ commercial business in Wisconsin.
"Now is the time to aggressively grow our commercial business in Wisconsin, and with Tom’s leadership, passion and energy, we are extremely well positioned to increase our market share," said Dave Casper, executive vice president and head of commercial banking. "With the addition of an experienced retail banking leader like Peter, Tom can now focus his attention on growing our commercial business and providing our customers with an exceptional experience."
Engel will be based out of Harris’ main offices in Milwaukee at 1000 N. Water St., and is charged with maintaining customer experience, maximizing growth and profitability, and maintaining governance and a sound credit portfolio by managing risk.
"Peter is a proven leader with deep knowledge and ties to the Wisconsin business and civic community," said Chris McComish, executive vice president and head of retail banking. "His long track record of success coupled with his proven expertise in leading teams of skilled individuals position him strongly to build on our strategic customer focus of delivering simplicity, guidance and financial know-how."
The board of directors of Brown Deer-based Bank Mutual Corp. has elected David A. Baumgarten as president of the company.
Michael T. Crowley, Jr. will remain as chairman and chief executive officer of the company, but he will relinquish the title of president.
