Pyramis hires ex-MFS exec

Pyramis Global Advisors, a Fidelity Investments unit focused on institutional asset management, today said it has hired a former MFS Investment Management executive as senior vice president and head of global consultant relations.
In his new role, David J. Picher will lead the Pyramis consultant relations team and work directly with the consultant community, Fidelity said in a statement.
Mr. Picher has nearly 24 years of experience in sales and management roles in the investment and institutional asset management industry, and has spent the past 12 years with Boston-based MFS.
At MFS, he led the firm’s global consultant relations efforts, working closely with institutional consultants and plan sponsors.
In addition, Mr. Picher had five years of sales experience working with bank trust and corporate defined contribution clients during a previous tenure at Boston-based Fidelity from 1986 to 1991, Fidelity said.
“David brings a wealth of experience across key market segments to Pyramis, and an extensive understanding of the issues that plan sponsors and consultants are confronting today,” Drew Lawton, president of Pyramis Global Advisors Trust Co., a part of Pyramis, said in a statement.