Waddell & Reed Financial Inc. said Wednesday that Brent Bloss, who has been chief financial officer since March 2014, will be chief operating officer, effective immediately. Bloss will also serve as CFO until the 2017 annual report is filed. The mutual fund company said it plans to name Benjamin Clouse, who has been chief accounting officer since February 2017, to the CFO role in 2018. Separately, the company said Thomas Butch has stepped down as chief marketing officer. The stock, which was still inactive in premarket trade, has lost 1.6% year to date, while the SPDR Financial Select Sector ETF has rallied 13% and the S&P 500 has gained 16%.
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