SSARIS Advisors, an affiliate of State Street Global Advisors (SSgA), has appointed Paul Lucek as chief executive, effective 1 January 2014.

Lucek (pictured) succeeds Mark Rosenberg, who will relinquish his role as CEO at the end of this year.
 
In addition to the role of CEO, Lucek will maintain his current responsibilities as chief investment officer of SSARIS’ hedge fund group.
 
Rob Covino has been named president of SSARIS, in addition to his existing responsibilities as head of business development.
 
Along with Scott Powers, SSgA president and CEO, Rosenberg will stay on as co-chairman of the SSARIS board of directors through 2014 in order to allow for a smooth transition of leadership, as well as providing investment expertise and strategic advice.