Commodity trading advisor Campbell & Company has appointed Terri Becks as president and CEO, succeeding Bruce Cleland, who will become vice chairman. Cleland, who has been with Campbell since 1993, will act in an advisory capacity to the executive committee while undergoing treatment for cancer, which recently resurfaced, according to the firm.
Becks has served as Campbell‘s CFO for 16 years and a member of its board of directors for 13 years. Prior to joining Campbell, Becks served as vice president and CFO of Bank Maryland Corp, a publicly held company.
“Under Bruce’s leadership, the firm has grown to become a leader in the alternative investment industry,” said founder Keith Campbell. “Bruce implemented our vision of Campbell as a research and technology organization not reliant on a ‘star system’ but rather on a team-based approach to systematic model development. It has been my pleasure to watch Terri develop as a business leader over the last 16 years, and I am confident that in the years ahead she will lead the company to even greater success.”
Campbell was founded in 1972 and manages global futures, currencies and equities portfolios for its clients using systematic investment strategies.