Leadership team

Putnam's experienced, highly skilled leadership team provides overall vision and direction with a focus on performance, efficiency, accountability, and service for investors and partners.

Executive team

Robert L. Reynolds

President and Chief Executive Officer

Mr. Reynolds has more than 30 years of investment and financial services experience and is a member of Putnam Investments' Executive Board of Directors. In addition to his roles at Putnam, he is Chair of Great-West Lifeco U.S. and is regarded as a driving force of innovation and progress in institutional and retail financial services.  More

Complete biography | Photo

Andra S. Bolotin

Chief Financial Officer

Ms. Bolotin provides financial oversight, accounting, reporting, analysis, and planning across Putnam's lines of business and brands operating under Great-West Financial. Ms. Bolotin joined Putnam in 2008 and has 20 years of executive leadership experience.  More

Complete biography | Photo

  • Full executive team
    • Aaron M. Cooper, CFA

      Executive Vice President and Chief Operating Officer

      Mr. Cooper is responsible for setting strategic direction and driving execution across the firm. He oversees Putnam's Investments, Operations, Digital Technology, and Global Investment Strategies groups. Mr. Cooper is also a member of Putnam’s Operating Committee. He joined Putnam in 2011 and has been in the investment industry since 2000.  More

      Complete biography | Photo

      Brett S. Goldstein, CFA

      Co-Chief Investment Officer, Global Asset Allocation

      In partnership with Co-CIO of GAA Robert J. Schoen, Mr. Goldstein oversees the strategy and positioning of Putnam's GAA products, including research, security selection, portfolio construction, and risk management. In addition, he is a portfolio manager of Putnam's Multi-Asset Absolute Return and Total Return strategies. Mr. Goldstein has been in the investment industry since he joined Putnam in 2010.  More

      Complete biography | Photo

      Jonathan M. Goldstein

      Head of Corporate Communications

      Mr. Goldstein oversees corporate communications strategy and public relations initiatives, directs media and community relations activities, and serves as Putnam's lead spokesperson. He joined Putnam in 2009 and has been practicing financial communications and public relations since 1990.  More

      Complete biography | Photo

      Brian D. Lenhardt

      Chief Operating Officer, Investment Division

      Mr. Lenhardt leads investment, strategic, and operational initiatives for Putnam's Investment Division. In addition, he oversees the Risk and Quantitative Equities groups. He joined Putnam in 2001 and has been in the investment industry since 1996.  More

      Complete biography | Photo

      Kaitlin M. May

      Head of Global Institutional Management

      Ms. May oversees Putnam’s institutional asset management business, which serves investors and clients in North America, Europe, Asia, and Australia. In addition, she is Chief Operating Officer of 37 Capital, where she is responsible for strategic planning, product development, and operations. Ms. May joined Putnam in 2019 and has been in the investment industry since 1997.  More

      Complete biography | Photo

      Steven P. McKay

      Head of Global DCIO

      Mr. McKay oversees Putnam’s Defined Contribution Investment-Only (DCIO) business, including Relationship Management, Business Development, National Distribution, and the largest DC recordkeepers and platforms. In addition, he is a member of Putnam's Operating Committee. Mr. McKay first served at Putnam from 2012 to 2014 and rejoined the firm in 2016. He has over 25 years of investment industry experience.  More

      Complete biography | Photo

      Mark J. McKenna

      Head of Global Marketing

      Mr. McKenna is responsible for strategic direction and oversight of Putnam's marketing, internet, advertising, mobile, and social media initiatives. He joined Putnam in 1994 and has over 20 years of investment industry experience and more than 30 years of experience in marketing and advertising.  More

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      Sumedh Mehta

      Chief Information Officer

      Mr. Mehta is responsible for the overall strategic direction and execution of Putnam's global technology solutions. He joined Putnam in 2015 and has over 20 years of experience managing information technology systems in the investment industry.  More

      Complete biography | Photo

      Shep Perkins, CFA

      Chief Investment Officer, Equities

      Mr. Perkins leads Putnam’s Equities group, including the portfolio management, research, and trading areas. In addition, he is a member of Putnam's Operating Committee and the ESG Committee. Mr. Perkins joined Putnam in 2011 and has been in the investment industry since 1993.  More

      Complete biography | Photo

      Michael V. Salm

      Chief Investment Officer, Fixed Income

      Mr. Salm directs the overall strategy and positioning of Putnam’s fixed income products. He is also a portfolio manager of Putnam's Core, Core Global, Core Plus, Dedicated Mortgage, Fixed Income Global Alpha, Global Government, and Ultra Short Duration Income strategies, in addition to 37 Capital's Structured Credit strategies. Mr. Salm joined Putnam in 1997 and has been in the investment industry since 1989.  More

      Complete biography | Photo

      Robert J. Schoen

      Co-Chief Investment Officer, Global Asset Allocation

      In partnership with Co-CIO of GAA Brett S. Goldstein, Mr. Schoen oversees the strategy and positioning of all GAA products, including research, security selection, portfolio construction, and risk management. In addition, he is a portfolio manager of Putnam's Multi-Asset Absolute Return and Total Return strategies. Mr. Schoen joined Putnam in 1997 and has over 30 years of investment industry experience.  More

      Complete biography | Photo

      Scott C. Sipple

      Head of Global Retail Management

      Mr. Sipple oversees Putnam’s retail fund distribution business, including Regional Consulting, Relationship Management, Business Development, and the Client Engagement Center. Mr. Sipple is also a member of Putnam’s Operating Committee. He first served at Putnam from 2009 to 2017 and rejoined the firm in 2020. Mr. Sipple has over 30 years of investment experience.  More

      Complete biography | Photo

      Stephen J. Tate

      Chief Legal Officer and General Counsel

      Mr. Tate leads the Legal and Compliance Department and is responsible for overseeing legal and compliance matters related to Putnam, Putnam’s mutual funds, and other Putnam products and services. In addition, Mr. Tate is a member of Putnam’s Operating Committee and the ESG Committee. Mr. Tate has been in the investment industry since he joined Putnam in 2004.  More

      Complete biography | Photo

      Michael P. Wands, CFA

      Head of Global Investment Strategies

      Mr. Wands manages the Equities, Fixed Income, and Global Asset Allocation groups. He also leads the product development strategies for Putnam's retail, institutional, and retirement businesses. Mr. Wands joined Putnam in 2008 and has been in the investment industry since 1986.  More

      Complete biography | Photo

      Edward F. Whalen

      Chief Human Resources Officer

      Mr. Whalen oversees the firm's Human Resources, General Services, and Conference Planning and Travel departments. He also directs the strategy and implementation of corporate-wide human resource initiatives. He joined Putnam in 1990 and has over 30 years of management experience.  More

      Complete biography | Photo

      Michael J. Woodall

      Chief of Operations

      Mr. Woodall is responsible for Putnam's Mutual Fund Shareholder Services, Accounting, Middle Office and Control Services, and Investment Operations. He is also an officer and executive committee member of the Putnam Fiduciary Trust Company. He joined Putnam in 1993 and has been in the investment industry since 1983.  More

      Complete biography | Photo

Board of Trustees

The independent Board of Trustees of the Putnam funds is responsible for the general oversight of each fund's business and for helping to protect the interests of shareholders.

Trustees and fund performance |
The Trustees periodically review each fund's investment performance and the quality of other services such as administration, custody, and investor services.

Trustees and fees and expenses |
At least annually, the Trustees review the fees paid to Putnam Management and its affiliates for these services and the overall level of each fund's operating expenses.

Trustee administration |
In carrying out their responsibilities, the Trustees are assisted by an independent administrative staff and by auditors and legal counsel, which are selected by the Trustees and are independent of Putnam Management and its affiliates.

Liaquat Ahamed

Born 1952
Trustee since 2012

Principal occupations during past five years:

Author; won Pulitzer Prize for Lords of Finance: The Bankers Who Broke the World.

Other directorships:

Chairman of the Sun Valley Writers Conference, a literary not-for-profit organization; and a Trustee of the Journal of Philosophy.  More

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Ravi Akhoury

Born 1947
Trustee since 2009

Principal occupations during past five years:

Private investor

Other directorships:

Director of English Helper, Inc., a private software company; Trustee of the Rubin Museum, serving on the Investment Committee; and previously a Director of RAGE Frameworks, Inc.  More

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  • Full board of trustees
    • Barbara M. Baumann

      Born 1955
      Trustee since 2010

      Principal occupations during past five years:

      President of Cross Creek Energy Corporation, a strategic consultant to domestic energy firms and direct investor in energy projects.

      Other directorships:

      Director of Devon Energy Corporation, a publicly traded independent natural gas and oil exploration and production company; Director of National Fuel Gas Company, a publicly traded energy company that engages in the production, gathering, transportation, distribution, and marketing of natural gas; Senior Advisor to the energy private equity firm First Reserve; member of the Finance Committee of the Children's Hospital of Colorado; Director of Ascent Resources, LLC, a private independent exploration and production company; Director of Texas American Resources Company II, a private, independent oil and gas exploration and production company; member of the Investment Committee of the Board of The Denver Foundation; and previously a Director of publicly traded companies Buckeye Partners LP, UNS Energy Corporation, CVR Energy Company, and SM Energy Corporation.  More

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      Catharine Bond Hill

      Born 1954
      Trustee since 2017

      Principal occupations during past five years:

      Managing Director of Ithaka S+R (a not-for-profit service that helps the academic community navigate economic and technological change). From 2006 to 2016, the 10th president of Vassar College.

      Other directorships:

      Director of Yale-NUS College and Trustee of Yale University.  More

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      Katinka Domotorffy

      Born 1975
      Trustee since 2012

      Principal occupations during past five years:

      Voting member of the Investment Committees of the Anne Ray Foundation and Margaret A. Cargill Foundation, part of the Margaret A. Cargill Philanthropies.

      Other directorships:

      Director of the Great Lakes Science Center and of College Now Greater Cleveland.  More

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      Paul L. Joskow

      Born 1947
      Trustee since 1997

      Principal occupations during past five years:

      The Elizabeth and James Killian Professor of Economics, Emeritus at the Massachusetts Institute of Technology (MIT). From 2008 to 2017, the President of the Alfred P. Sloan Foundation, a philanthropic institution focused primarily on research and education on issues related to science, technology, and economic performance.

      Other directorships:

      Vice Chair of the Board of Directors of the Whitehead Institute for Biomedical Research, a non-profit biomedical research institute; a Director of Exelon Corporation, an energy company focused on power services; and a Member Emeritus of the Board of Advisors of the Boston Symphony Orchestra.  More

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      Kenneth R. Leibler

      Born 1949
      Trustee since 2006, Vice Chair from 2016 to 2018, and Chair since 2018

      Principal occupations during past five years:

      Vice Chairman Emeritus of the Board of Trustees of Beth Israel Deaconess Hospital in Boston. A Member of the Investment Committee of the Boston Arts Academy Foundation.

      Other directorships:

      Director of Eversource Corporation, which operates New England’s largest energy delivery system; previously the Chairman of the Boston Options Exchange, an electronic marketplace for the trading of listed derivatives securities; previously the Chairman and Chief Executive Officer of the Boston Stock Exchange; and previously the President and Chief Operating Officer of the American Stock Exchange.  More

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      George Putnam, III

      Born 1951
      Trustee since 1984

      Principal occupations during past five years:

      Chairman of New Generation Research, Inc., a publisher of financial advisory and other research services, and President of New Generation Advisors, LLC, a registered investment advisor to private funds.

      Other directorships:

      Director of The Boston Family Office, LLC, a registered investment advisor; a Trustee of the Gloucester Marine Genomics Institute; previously a Trustee of the Marine Biological Laboratory; and previously a Trustee of Epiphany School.  More

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      Manoj Singh

      Born 1952
      Trustee since 2017

      Principal occupations during past five years:

      Until 2015, Chief Operating Officer and Global Managing Director at Deloitte Touche Tohmatsu, Ltd., a global professional services organization, serving on the Deloitte U.S. Board of Directors and the boards of Deloitte member firms in China, Mexico, and Southeast Asia.

      Other directorships:

      Director of Abt Associates, a global research firm working in the fields of health, social and environmental policy, and international development; Trustee of Carnegie Mellon University; Director of Pratham USA, an organization dedicated to children’s education in India; member of the advisory board of Altimetrik, a business transformation and technology solutions firm; and Director of DXC Technology, a global IT services and consulting company.  More

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      Mona K. Sutphen

      Born 1967
      Trustee since 2020

      Principal occupations during past five years:

      Senior Advisor at The Vistria Group, a private investment firm focused on middle-market companies in the healthcare, education, and financial services industries. From 2014 to 2018, Partner at Macro Advisory Partners, a global consulting firm.

      Other directorships:

      Director of Unitek Learning, a private nursing and medical services education provider in the United States; Director of Pattern Energy Group LP, a private renewable energy company; previous Director of Pattern Energy, a publicly traded renewable energy company; Board Member, International Rescue Committee; Co-Chair of the Board of Human Rights First; Trustee of Mount Holyoke College; and Member of the Advisory Board for the Center on Global Energy Policy at Columbia University's School of International and Public Affairs.  More

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      Interested Trustee

      Robert L. Reynolds

      Born 1952
      Trustee since 2008 and President and Chief Executive Officer of Putnam Investments since 2008

      Principal occupations during past five years:

      President and Chief Executive Officer of Putnam Investments; President and Chief Executive Officer of Great-West Financial, a financial services company that provides retirement savings plans, life insurance, and annuity and executive benefits products; President and Chief Executive Officer of Great-West Lifeco U.S. Inc., a holding company that owns Putnam Investments and Great-West Financial; and member of Putnam Investments’ and Great-West Financial’s Board of Directors.

      Other directorships:

      Director of the Concord Museum; Director of the Dana-Farber Cancer Institute; Director of the U.S. Ski & Snowboard Association; Chairman of the Boston Advisory Board of the American Ireland Fund; Director of the Massachusetts Competitive Partnership; National Council Co-Chairman of the American Enterprise Institute; Executive Committee Member of the Greater Boston Chamber of Commerce; Vice Chairman and Executive Committee Member of the Massachusetts High Technology Council; member of the U.S. Chamber of Commerce, Center for Capital Markets Competitiveness; member of the President's Council, Massachusetts General Hospital; member of the Chief Executives Club of Boston; and previously served as Chairman of the West Virginia University Foundation.  More

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