BOSTON, May 17, 2019 /PRNewswire/ -- Eaton Vance Management (EVM) and Eaton Vance Advisers International Ltd. (EVAI), subsidiaries of Eaton Vance Corp. (NYSE: EV), announced today the appointment of Stephen C. Concannon, CFA, and Jeffrey D. Mueller as Co-Directors of High Yield Investments and the retirement of Michael W. Weilheimer, CFA, effective January 1, 2020.

Mr. Weilheimer joined EVM in 1990 and has been Director of High Yield Investments for the past 24 years. He will continue to lead the group's investment strategy and retain his portfolio management responsibilities until retiring. Over the balance of 2019, Mr. Weilheimer will also focus on ensuring a smooth transition of team leadership and portfolio responsibilities.

"Mike has achieved remarkable success during nearly three decades with EVM, both building our high-yield franchise and developing a strong team of talented individuals poised to continue the group's record of investment excellence and client service," said Payson F. Swaffield, CFA, Chief Income Investment Officer, EVM. "Steve and Jeff have emerged as talented leaders under Mike's leadership; I am confident they will guide our high-yield team forward to continued success."

Based in Boston, Mr. Concannon joined EVM as a high-yield analyst in 2000 and was promoted to portfolio manager in 2012.  He was formerly a research analyst at Wellington Management. He holds a B.A. from Bates College.

Based in London, Mr. Mueller joined EVAI in 2015. He was previously affiliated with Threadneedle Investments, Centaurus Capital Limited and Amaranth Advisors, LLC. He holds a B.B.A. from the University of Wisconsin at Madison.  

Eaton Vance Corp. provides advanced investment strategies and wealth management solutions to forward-thinking investors around the world. Through principal investment affiliates Eaton Vance Management, Parametric, Atlanta Capital, Hexavest and Calvert, the Company offers a diversity of investment approaches, encompassing bottom-up and top-down fundamental active management, responsible investing, systematic investing and customized implementation of client-specified portfolio exposures. As of March 31, 2019, Eaton Vance had consolidated assets under management of $457.6 billion. Exemplary service, timely innovation and attractive returns across market cycles have been hallmarks of Eaton Vance since 1924. For more information, visit eatonvance.com.

The information contained herein is provided for informational purposes only and does not constitute a solicitation of an offer to buy or sell Fund shares.

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SOURCE Eaton Vance Corp.