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Wellington Management Deepens Commitment to Wealth Channel With Senior Leadership Hire

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Wellington Management Deepens Commitment to Wealth Channel With Senior Leadership Hire
News

News

Wellington Management Deepens Commitment to Wealth Channel With Senior Leadership Hire

2025-03-31 21:02 Last Updated At:21:20

BOSTON--(BUSINESS WIRE)--Mar 31, 2025--

Wellington Management (“Wellington”), one of the world’s largest independent investment management firms, has hired Christina Kopec Rooney as the Head of US Wealth, based in New York. Ms. Rooney brings over 25 years of experience in asset management, strategy, and execution to this new role, where she will lead Wellington's efforts to enhance its offerings for the wealth channel and drive growth in the US market.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250331866768/en/

Ms. Rooney joins Wellington from Goldman Sachs Asset Management (GSAM), where she served as Managing Director and Head of Commercial and Digital Strategy for Global Third Party Wealth. In this role, she led a multi-year growth strategy for the business and oversaw a team responsible for sales enablement and business intelligence. From 2011 to 2024, she held various leadership roles at GSAM, including Head of Digital Retail Product Management and Global Head of Liquidity Solutions Product. Prior to Goldman Sachs, Ms. Rooney held several senior positions with Fidelity Investments across fixed income product management and equity product research and development.

"We are thrilled to welcome Christina to Wellington," said Scott Geary, Vice Chair and Head of Global Wealth at Wellington Management. "Her extensive experience and proven track record in the asset management industry make her well-suited to drive our US wealth strategy forward. We are confident that Christina's leadership will help us deliver value to our clients and further grow our presence in the US wealth market."

The appointment is part of Wellington's broader strategy to expand its capabilities in the wealth channel, where the firm currently subadvises and manages over $600 billion in US wealth assets across mutual funds, ETFs, VITs, separately managed accounts, and alternative asset vehicles. In her new role, Ms. Rooney will work closely with the firm's leadership team to develop and execute strategies that enhance client engagement, drive growth, and strengthen Wellington's position as a leading player in US wealth.

"I look forward to working with the talented team at Wellington as it expands its presence in US wealth and broadens the availability of its investment solutions," said Ms. Rooney. "Wellington's commitment to investment excellence and its strong client focus closely aligns with my own values and vision.”

About Wellington Management

Wellington Management is one of the world’s largest independent investment management firms, serving as a trusted adviser to over 2,500 clients in more than 60 countries. The firm manages more than US$1.2 trillion, as of 31 December 2024, for pensions, endowments and foundations, insurers, family offices, fund sponsors, global wealth managers, and other clients. Wellington aspires to provide excellent service to clients through a unique combination of independence enabled by its distinctive private partnership model, diverse perspectives through its unified, multi-asset investment platform, and relentless curiosity and intellectual rigor fostered by its enduring collaborative culture.

Christina Kopec Rooney

Christina Kopec Rooney

Air traffic controllers at Washington's Ronald Reagan National Airport will be offered crisis counseling and additional supervision after a fight in the tower and another alarming near miss two months after a midair collision between a passenger jet and an Army helicopter killed 67 people.

The Federal Aviation Administration said Wednesday it is also evaluating whether the current arrival rate at Reagan is too high. The agency said it would extend extra support to the controllers who direct flights around the busy airport while Congress and the National Transportation Safety Board continue investigating the deadly January crash.

Sen. Ted Cruz, the chairman of the Senate Commerce Committee, said that troubling missteps since the crash “underscore the precarious situation in the nation's airspace.” Expressing frustration with the Army's refusal to turn over a memo detailing its flight rules, Cruz said during a Wednesday hearing that any deaths resulting from another collision near Reagan “will be on the Army's hands.”

The FAA's decision to bring in crisis counselors followed the Thursday arrest of a 39-year-old employee from Maryland on suspicion of assault and battery after the control tower fight, the Metropolitan Washington Airports Authority confirmed in a statement.

No details were released about the altercation. The FAA said the employee was put on administrative leave while the fight is investigated.

The next day, a Delta passenger jet had to take evasive action as it took off from Reagan because of the proximity of a flight of four Air Force jets involved in a flyover at Arlington National Cemetery. The incident continued a pattern of close calls that the NTSB has said went on for years around the airport as commercial flights repeatedly got dangerously close to helicopters and other aircraft.

The FAA said Wednesday that it was reviewing the “current arrival rate of aircraft per hour, which is disproportionately concentrated within the last 30 minutes of each hour.”

After the crash, the arrival rate at the airport fell to 26 an hour while crews worked to recover the wreckage of the American Airlines jet and Army Black Hawk helicopter from the Potomac River. But the acting head of the FAA said at a hearing last week that arrivals are now back up to 30 an hour and could go up to 32. Now the agency is rethinking that.

To help with the stress, the FAA plans regular wellness checks of its staff at Reagan as well making counselors available. It wasn’t immediately clear if the agency took that step right after the Jan. 29 crash. The number of supervisors will increase from six to eight, and the agency will evaluate whether it has enough controllers working each shift.

The union that represents air traffic controllers at Reagan and airports across the country declined to comment on the situation.

During Wednesday’s hearing, Cruz threatened the Army with a subpoena if it did not give the committee a copy of its memo spelling out when its aircraft are allowed to fly without a key system that broadcasts their location to other aircraft turned on.

The fact that system wasn’t activated in the Black Hawk that collided with the passenger jet is a key concern investigators have highlighted. With the location system turned off, the tower had to rely on radar for updates on the helicopter’s position that only came once every four seconds instead of every second before the crash.

“It begs the question, what doesn’t the Army want Congress or the American people to know about why it was flying partially blind to the other aircraft and to the air traffic controllers near DCA (Reagan airport)?,” Cruz said. “This is not acceptable.”

The Army didn’t immediately respond to an inquiry Wednesday about the memo. The U.S. Army’s head of aviation, Brig. Gen. Matthew Braman, told the Senate Commerce Committee last week that he wasn’t sure if he could provide the memo because it is part of the investigation, but the head of the NTSB assured him that would be okay.

The January crash was the nation’s deadliest plane crash since November 2001. But a series of other crashes and near misses in the months after fueled worries about air travel even though it remains safe overall.

Associated Press writers Tara Copp and Lisa Leff contributed to this report.

FILE - A piece of wreckage is lifted from the water onto a salvage vessel near the site in the Potomac River of a mid-air collision between an American Airlines jet and a Black Hawk helicopter, at Ronald Reagan Washington National Airport, Feb. 4, 2025, in Arlington, Va. (AP Photo/Ben Curtis, File)

FILE - A piece of wreckage is lifted from the water onto a salvage vessel near the site in the Potomac River of a mid-air collision between an American Airlines jet and a Black Hawk helicopter, at Ronald Reagan Washington National Airport, Feb. 4, 2025, in Arlington, Va. (AP Photo/Ben Curtis, File)

FILE - Rescue and salvage crews pull up a part of a Army Black Hawk helicopter that collided midair with an American Airlines jet, at a wreckage site in the Potomac River from Ronald Reagan Washington National Airport, Feb. 6, 2025, in Arlington, Va. (AP Photo/Jose Luis Magana, File)

FILE - Rescue and salvage crews pull up a part of a Army Black Hawk helicopter that collided midair with an American Airlines jet, at a wreckage site in the Potomac River from Ronald Reagan Washington National Airport, Feb. 6, 2025, in Arlington, Va. (AP Photo/Jose Luis Magana, File)

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