The Expertise to Get the Job Done
American Beacon Advisors, Inc. began providing short-term fixed-income client services as an independent entity in November 1986. Prior to that, our investment officers successfully managed the operating funds of the treasury department of a major U.S. corporation. Their investment success led to the formal creation of AMR Investments (our predecessor firm) to provide business management, advisory, administrative and asset management consulting services to other institutional investors. The American Beacon Funds were created and made available to the general investing public in 1987.
Gene L. Needles, Jr.
Chairman, President and CEO
Gene L. Needles, Jr. serves as Chairman, President and CEO of American Beacon Advisors and as President of the American Beacon Funds. He is a member of the Board of Directors of American Beacon Advisors and its affiliated companies. Prior to joining American Beacon in 2009, he served as President of Touchstone Investments, part of the Western & Southern Financial Group. From 1993 through 2007, Mr. Needles was with AIM Investments, progressing from Regional Vice President to President and CEO of AIM Distributors in 2004. In this role, he was responsible for distributing products that included mutual funds, exchange traded funds, separate accounts, variable annuities, sub-advised portfolios, collective trusts, offshore funds, retirement plans and college savings plans. In addition, he worked as a Vice President at Putnam Investments and MetLife State Street before moving to AIM. Mr. Needles received his B.A. in English from Iowa State University in 1978.
Jeffrey K. Ringdahl
Chief Operating Officer
Jeffrey K. Ringdahl serves as Chief Operating Officer and as a member of the Board of Directors of American Beacon Advisors and its affiliated companies. Prior to joining American Beacon in 2010, Mr. Ringdahl spent six years with Western & Southern Financial Group, including Vice President of Product Management for the company’s mutual fund subsidiary, Touchstone Investments. Mr. Ringdahl’s experience also includes investment and operational roles with Fidelity Investments and State Street Global Advisors. Mr. Ringdahl received his B.A. in Economics from Boston University and an MBA from the University of Notre Dame.
Chief Investment Officer
Paul Cavazos joined America Beacon Advisors as chief investment officer and senior vice president in June 2016. Mr. Cavazos is responsible for overseeing corporate pension plan investments and the investment sub-advisors to the American Beacon Funds. His comprehensive background includes leading defined-benefit plans of varying sizes, conducting investment manager searches, due diligence and risk-control oversight. Before joining American Beacon, Mr. Cavazos served as chief investment officer and assistant treasurer at DTE Energy Company in Detroit. He was responsible for the development of asset allocation strategies, as well as fiduciary oversight for DTE’s $10 billion in retirement trust assets. In 2014, Mr. Cavazos received the prestigious CIO Industry Innovation Award of the Year from Chief Investment Officer magazine. Previously, Mr. Cavazos served as chief investment officer at Navistar, where he was responsible for all investment aspects of the company’s $5 billion in retirement trust assets. His experience also includes investment and finance roles at The Boeing Company and Chrysler Corporation. Mr. Cavazos is a member of the Committee on Investment of Employee Benefit Assets (“CIEBA”), which is a plan sponsor organization representing $1.5 trillion in retirement assets. He has served on CIEBA’s Executive Board and as a working group member. Mr. Cavazos earned a B.S. in Finance from Oakland University in Rochester, Michigan. He also holds an MBA in Finance from The University of Texas at Austin.
Rosemary K. Behan
Vice President, Legal and Compliance
Rosemary K. Behan joined American Beacon in January 2006 as Vice President, Legal and Compliance. Prior to joining American Beacon, Ms. Behan served as Assistant General Counsel of First Command Financial Planning, Inc., a financial planning organization registered with FINRA as a broker-dealer and the U.S. Securities and Exchange Commission as an Investment Adviser. Ms. Behan also worked in the Enforcement Division of the U.S. Securities and Exchange Commission from February 1995 to June 2004 and was an associate attorney at the law firm of Cantey & Hanger, LLP, in Fort Worth, Texas, from September 1990 to February 1995. From 1989 to 1990, she served as a Briefing Attorney for the Court of Appeals for the Second Judicial District of Texas. Ms. Behan received her J.D. from St. Mary’s University in 1989 and her B.A. from the University of Texas at Arlington in 1983. Ms. Behan is a member of the State Bar of Texas, Fifth Circuit Court of Appeals and the U.S District Court for the Northern District of Texas.
Brian E. Brett, CFP®
Vice President, Sales and Head of Distribution
Brian E. Brett is Head of Distribution for American Beacon Advisors, and serves as Vice President of the American Beacon Funds. Mr. Brett has overall responsibility for the management of the Company’s institutional, retail, fixed income, and private equity sales. A former sales executive with Neuberger Berman, he managed the sales and servicing of National and Key Accounts across two regions. Previously, he served as Branch Manager for Fidelity Investments and National Sales Manager for Arthur Andersen. Mr. Brett received his BBA from Texas A&M University in Accounting and is a CERTIFIED FINANCIAL PLANNER ® Certificant. He holds Series 3, 7, 8, 24 and 63 licenses, serves as a FINRA Supervising Principal and is a Texas Real Estate Broker. He also serves on the Texas A&M Financial Advisory Board.
Erica B. Duncan
Vice President, Marketing & Client Services
Erica Duncan serves as Vice President, Marketing & Client Services for American Beacon Advisors. Prior to joining American Beacon in 2011, Ms. Duncan spent six years with Invesco (formerly AIM Investments), beginning as a Financial Writer in the Marketing Communications department and most recently as a Branding and Advertising Manager. While at Invesco, she collaborated with Product Management and Sales to develop marketing materials to support mutual funds for retail and institutional clients. Ms. Duncan earned an MBA from Rice University and a Bachelor of Arts in English Literature from Smith College.
Rebecca L. Harris
Vice President, Product Management
Rebecca L. Harris serves as the vice president of Product Management at American Beacon Advisors. Since joining the firm in 1991, Ms. Harris has held other leadership roles, including those of chief financial officer of American Beacon from 1995 to 2010, treasurer of the American Beacon Funds from 1995 to 2010 and director of Product Management from 2010 to 2015. Prior to joining American Beacon, Ms. Harris was a financial analyst at Sabre Travel Information Network in Southlake, Texas, from 1990 to 1991. She began her career at Arthur Young & Company (now Ernst & Young) in Dallas. Ms. Harris received a Bachelor of Business Administration from Texas A&M University. She is licensed as a Certified Public Accountant in the State of Texas.
Melinda G. Heika
Vice President, Finance and Accounting
Melinda G. Heika serves as Chief Financial Officer for American Beacon Advisors and as Treasurer of the American Beacon Funds. She is responsible for directing the organization’s financial activities, including treasury, accounting, tax, audit, financial planning, financial control and oversight of the mutual fund accounting agent. Ms. Heika joined American Beacon Advisors in July 1997 serving as a Senior Analyst and Controller. Prior to joining American Beacon Advisors, she managed financial reporting for Liberte’ Investors Inc. and First Nationwide Bank. Ms. Heika started her career with Ernst & Young after receiving a B.S. in Finance and Accounting from Central Michigan University. Ms. Heika is a Certified Public Accountant in the State of Texas.
Terri L. McKinney
Vice President, Enterprise Services
Terri L. McKinney serves as Vice President, Enterprise Services for American Beacon Advisors. She is responsible for the operational processes and information technology systems for American Beacon Advisors and its investment products. Ms. McKinney joined American Beacon Advisors in June 1996 as Director of Marketing. Prior to joining American Beacon Advisors, she managed the Equity Administration team for Goldman Sachs Asset Management in New York. Ms. McKinney started her career with the investment management firm of Fayez Sarofim & Co. after receiving a BBA in Business Broadcasting and Marketing from Baylor University.
Samuel J. Silver
Vice President, Chief Fixed Income Officer
Samuel J. Silver was named vice president and chief fixed income officer of American Beacon Advisors in June 2016. In this role, Mr. Silver oversees the firm’s money-market and fixed-income funds and separate accounts. From October 2011 to May 2016, he served as the firm’s vice president of Fixed Income Investments, as well as a vice president of the American Beacon Funds. From September 1999 to September 2011, Mr. Silver served as the senior portfolio manager of the firm’s stable value portfolios, including money-market funds and separate accounts. He joined the firm in September 1999. Prior to joining American Beacon, Mr. Silver served as director of Money Markets at Koch Industries from July 1997 to August 1999. Previously, he worked at Fidelity Investments for 10 years, during which time he spent eight years in the company’s Money Market division. Mr. Silver received a B.S. in Business Administration from the University of Kansas and an MBA in Finance from The University of Texas at Dallas.
Nominating and Governance Commitee Charter