NEAM Announces Retirement of Chip Clark, President

FARMINGTON, Conn.--(BUSINESS WIRE)--New England Asset Management, Inc. (NEAM) announced the retirement of Calvin Clark, Jr. (“Chip”), President, effective March 31, 2025. The role of President will be assumed by William Rotatori, Chairman and Chief Executive Officer.

Chip has been with NEAM for 34 years, joining in 1991. Prior to becoming President in 2014, he had been Head of Client Strategy at the firm and has been employed in the investment industry since 1986.

Mr. Rotatori commented, “Chip has been an integral part of our company, contributing significantly to our growth and success. His leadership, vision, and commitment to serving our clients have been instrumental in shaping the company that we have become. He has been the standard bearer for our culture, embodying our values of teamwork and respect in all that he has done and his impact on our organization has been immeasurable. His presence and passion for our business will be sorely missed.”

About NEAM

NEAM strives to be integral to the success of our insurance industry clients by providing investment management solutions through a team of skilled professionals dedicated to delivering exceptional client service. NEAM’s comprehensive offering includes a wide range of services including asset management services; enterprise capital strategy services; capital and risk analytics platform; and investment accounting and reporting services. For more information, visit neamgroup.com.

New England Asset Management, Inc. is a registered investment adviser, registered with the United States Securities and Exchange Commission under the Investment Advisers Act of 1940. This designation does not imply a certain level of skill or training. New England Asset Management Limited is registered in Ireland with a branch office in the UK. New England Asset Management Limited is regulated by the Central Bank of Ireland. NEAM is a wholly-owned subsidiary of General Re Corporation. General Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations.