Fiduciary Trust Company International, a global investment management firm serving individual and institutional investors, and a wholly-owned subsidiary of Franklin Resources Inc., has appointed Henry P. Johnson as president, succeeding William Y. Yun in that role.
Johnson has also been elected to the company’s Board of Directors. Previously, he was executive vice president and chief administrative officer of Fiduciary Trust. Yun will remain president of Franklin Templeton Institutional, focusing his energies on overseeing the company’s institutional and separate account businesses. He will also remain a member of Fiduciary’s Trust’s Board of Directors.
Anne M. Tatlock announced that she will retire as chairman and CEO of Fiduciary Trust in Fall 2006, at which time James C. Goodfellow, vice chairman and head of Fiduciary Trust’s High Net Worth business, will succeed her as chairman. Tatlock will continue to serve as a director of Franklin Resources, Inc.
Gail E. Cohen, executive vice president and general trust counsel, will succeed Goodfellow as head of Fiduciary Trust’s High Net Worth business in Fall 2006. Cohen currently supervises the firm’s trust, estate and tax services departments.
Larry Sternkopf, chief financial officer, has been designated executive vice president.