New York, NY – May 4, 2007 Rockefeller & Co., Inc. – a leading global wealth management firm serving high-net-worth individuals, families, trusts, foundations and endowments – announced today that it has appointed Roy King President and CEO of its Integrated Wealth Services (IWS) business, effective immediately. As part of this appointment, Mr. King has also been named a Managing Director of Rockefeller & Co.

 

Rockefeller’s IWS business provides outsourced back and middle office services to single-family offices, multi-family offices and other high wealth business enterprises. As of March 31, 2007, IWS administered approximately $30 billion in assets.

 

In his new role, Mr. King, who brings over 30 years of experience leading large global services and technology organizations across diverse business sectors, will both lead and collaborate with executives across all areas of IWS and oversee its industry-leading technology service platform, RockIT™. He will report directly to Jim McDonald, President and CEO of Rockefeller & Co and will be located in the New York headquarters office.

 

Prior to joining Rockefeller & Co. and IWS, Roy King served as President and Chief Operating Officer for Gevity HR. Among his previous responsibilities, Mr. King has also served as Chief Executive Officer for several information technology, software and professional service organizations, including Mercator Software. Prior to his leadership roles in the technology sector, Roy served as General Manager for IBM Global Services in North American and EMEA and was a partner in technology and operations consulting for Booz Allen and Hamilton and KPMG Peat Marwick.

 

Jim McDonald, President and CEO of Rockefeller & Co. said, “We are delighted to welcome Roy King to IWS and Rockefeller & Co. The tremendous wealth of leadership and business experience that Roy brings from the technology space underscores our commitment to offer continued superior information management services to our clients. In order to best serve the needs of our clients in the twenty-first century, we constantly strive to ensure that we can offer a robust technology platform that solves the complex information needs of the multiple entity, multiple asset class, multiple manager, and multiple custodian wealth management world. Roy understands the Rockefeller culture of delivering nothing less than the highest level of comprehensive service to our clients, and in this regard, we have every confidence that he will continue to build on the strong momentum behind our IWS business.”

 

Mr. King is a graduate of Iowa State University, and holds an M.B.A. from Harvard Business School.

 

An independent and privately owned firm, Rockefeller & Co., Inc., and its two other subsidiaries – The Rockefeller Trust Company and The Rockefeller Trust Company (Delaware)-- provides comprehensive investment and wealth management services to individuals, families, trusts, foundations and endowments.