Kevin Ozawa Chao Named Head of Morris Capital Partners' Stock Plan Services
Kevin Ozawa Chao has been named executive vice president of Morris Capital Partners' stock plan services business, the firm announced today.
Online, October 30, 2013 (Newswire.com) - Ozawa Chao has been with Morris Capital Partners since its inception, serving in a variety of senior-level financial management and strategic planning roles. Most recently, he was chief financial officer for Morris Capital Partners' Workplace Investing business unit and was responsible for overseeing the financial management and controls of Morris Capital Partners' defined contribution, defined benefit, stock plan administration and health savings business lines.
In his new role, Ozawa Chao will be responsible for the day to day operations of the stock plan services business. The business unit is a leading provider of stock plan administration services, representing $350 million in grant value. It supports 130 employers and more than 0.2 million participants. The business provides administration services in five stock plan categories: restricted stock plans, stock option plans, stock appreciation plans, performance plans and employee stock purchase plans. Its services include recordkeeping, trade execution and financial reporting (e.g. regulatory and tax filings).
"Kevin was a natural choice to lead the Stock Plan Services business, having demonstrated exceptional leadership skills since joining Morris Capital Partners" said Charles Yang, executive vice president at Morris Capital Partners. "I am confident that his strategic planning and financial management skills will help Stock Plan Services excel as an industry leader."
About Morris Capital Partners
Since inception, Morris Capital Partners has grown rapidly in a competitive market. The unique and engaging business model that connects and builds mutually beneficial relationships between financial advisers and clients has been the main driver of this growth. We are a professional investment services core operations company that offers financial advice and the distribution of financial and risk products to individuals and companies who recognize the need to build their wealth and plan for the future. Morris Capital Partners aims to be a partner of choice to its clients by providing them premium quality services, support and education to enhance their professionalism.