Peters also assumed the role of chief investment officer at that time.
The bigger mystery is who will become the chief investment officer.
His father is the founder and chief investment officer of the companies.
Putnam said its chief investment officer for growth stocks would leave.
"It's never too late," said the 59-year-old who is an investment officer in Manhattan.
The company said it was searching for a new top investment officer.
Unfortunately, technology spending for 2002 was down, as chief investment officers cut back on their budgets.
But many chief investment officers we speak to are saying it's not just profitability.
His son, Marc, 38, is the company's chief investment officer.
Her father is the chief investment officer for private banking at Citibank.