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FOR RELEASE: January 14, 2007 Contact:

Blake Zipoy
Manager, Marketing
(817) 931-5303
blake.zipoy@ambeacon.com

 

 

AMERICAN BEACON ADVISORS ANNOUNCES NEW VICE PRESIDENT AND MANAGING DIRECTOR OF TRUST INVESTMENTS

FORT WORTH, TX – American Beacon Advisors, Inc., manager of the American Beacon Funds, is proud to announce the selection of Wyatt Crumpler as the new Vice President of Trust Investments. In conjunction with Mr. Crumpler’s hiring, Kirk Brown has been promoted to Managing Director of Trust and Alternative Investments.

As Vice President of Trust Investments, Wyatt Crumpler will be responsible for overseeing AMR Corporation’s pension plan investments and the outside investment advisors to the American Beacon Funds. Prior to joining American Beacon, Mr. Crumpler served as the Managing Director of Corporate Accounting at American Airlines, Inc. He joined American in 1994 and held a variety of jobs in the Finance, International Planning, Information Technology, and Accounting Departments. Most recently, he was involved with the accounting and funding for AMR’s pension plans and worked closely with Bill Quinn, CEO for American Beacon Advisors, on pension reform legislation. He has an MBA from Duke University and a BS from the University of Tennessee.

Kirk Brown serves as Managing Director of Trust and Alternative Investments for American Beacon Advisors and is responsible for monitoring the investment advisors to several American Beacon Funds as well as investments in alternative products (including private equity). He is also responsible for monitoring the high yield bond, emerging markets and currency overlay investment advisors to AMR Corporation’s pension plans. Prior to joining American Beacon, Mr. Brown served in operational and business planning roles for American Airlines. Mr. Brown received his BA from the State University of New York at Brockport in 1986 and an MBA from Vanderbilt University’s Owen Graduate School of Management in 1988. He is a CFA charterholder.

American Beacon Advisors, Inc.
Established in 1986, American Beacon Advisors, Inc. is an experienced provider of investment advisory services to institutional and retail markets. American Beacon Advisors serves defined benefit plans, defined contribution plans, foundations, endowments, corporations, and other institutional investors. American Beacon Advisors also manages the American Beacon Funds, a series of low-cost, no-load mutual funds open to institutional investors, retirement accounts such as IRAs, and individual investors. The fund family currently includes a variety of portfolios spanning longer-range investments in international and domestic equity categories as well as short-term investment options including money market funds.

You should consider the investment objectives, risks, fees and expenses of any mutual fund carefully before investing. This and other information is available in each Fund’s prospectus, which you may obtain at www.americanbeaconfunds.com or by calling 1-800-967-9009. Please read the prospectus carefully before investing.

The American Beacon Funds are distributed by Foreside Fund Services, LLC.