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Donald Salama tapped for new role at New York Life Investment Management

Donald Salama was named chief strategy officer at New York Life Investment Management, effective Feb. 15. The position…

Donald Salama was named chief strategy officer at New York Life Investment Management, effective Feb. 15.

The position is new.

Mr. Salama was head of New York Life Retirement Plan Services, which provides investment management and other retirement services to defined benefit and defined contribution plans. He will be replaced by Drew E. Lawton, president of Fridson Investment Advisors and formerly president of Pyramis Global Advisors.

Mr. Steyer is a reporter at Pensions & Investments, a sister publication to InvestmentNews.

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