Faith-based investment management firm Crossmark Global Investments this week announced that Bob Doll, who since 2021 has served as the firm’s Chief Investment Officer, has taken on the added responsibilities of President and Chief Executive Officer.
The change is effective Jan. 16, the date of the announcement. Doll, who is a 44-year veteran of the asset management industry, succeeds Mike Kern, who is stepping down from these positions to pursue other opportunities.
Doll has served as Crossmark’s CIO since June 2021, as well as portfolio manager for the firm’s multiple U.S. Large Cap Equity strategies. He is a highly regarded investment professional who has held leadership roles at several global asset management firms. He also has been a frequent guest speaker at events sponsored by the American Retirement Association, including the NAPA Summit.
Doll is also highly regarded for his annual set of 10 predictions forecasting key themes and risks that he believes are positioned to shape the economy and markets for the coming year.
Prior to joining Crossmark, he was Chief Equity Strategist and Senior Portfolio Manager at Nuveen Asset Management. His previous positions included serving as Chief Equity Strategist at BlackRock, President and Chief Investment Officer of Merrill Lynch Investment Managers, and Chief Investment Officer of Oppenheimer Funds, Inc.
“Crossmark’s clients have benefitted from Bob’s exceptional investment expertise, market perspective, and institutional leadership ever since he joined our firm, and we are excited about the vision and direction that he will bring to the organization in his expanded role as President & CEO,” the firm’s Board of Directors said in a statement. “We are confident that Bob provides a unique combination of experience and insight that will inform our approach to serving clients’ needs and continue to set Crossmark apart from other investment advisory firms.”
Added Doll, “It is a privilege to be part of Crossmark, a firm that combines a deep commitment to faith-based values and a focus on investment excellence. In my new role, I look forward to continuing to enhance the firm’s investment solutions and to leading a team that is notable for its talent, unique culture, and passion for delivering exceptional client service.”
Crossmark Global Investments is headquartered in Houston, Texas. The firm reported $6.2 billion in AUM as of Dec. 31, 2023, via both separately managed accounts and the Steward family of mutual funds invested across equity, fixed income, liquid alternative, and derivative income asset classes.
