Steben & Company Names Richard Kendrick Chief Marketing Officer

ROCKVILLE, Md., Dec. 11, 2012 /PRNewswire/ -- Steben & Company, a leading provider of managed futures funds, announced today that Richard Kendrick has been named Chief Marketing Officer. Mr. Kendrick, most recently with ProShare Advisors LLC, will oversee all marketing and brand strategy for the firm. He reports to Ken Steben, President and CEO of Steben & Company.

"Since 1989, Steben & Company has earned a reputation for excellence in managed futures," said Mr. Steben. "We are incredibly pleased that Rich has joined our executive team. His extensive experience in marketing strategy, brand management and investor education will be crucial as we continue to extend the strength of our brand further into the alternative investment space with new product launches in the coming months."

Mr. Kendrick joins Steben & Company from ProShares, one of the world's largest ETF companies. There, he served as Managing Director and Head of Marketing, and was responsible for the marketing of over 140 ETFs. Previously, Mr. Kendrick was Vice President of Asset Management Marketing at Ameriprise in Minneapolis, MN, where he oversaw the retail marketing of over 70 mutual funds with combined assets of approximately $100 billion. He has also worked at Rydex Investments, Corporate Executive Board and Oppenheimer & Co. Mr. Kendrick received his BS in management and communications from Adelphi University, and his MBA from Duke University. He has also completed the Marketing Strategy Program at Harvard Business School.

About Steben & Company, Inc.

For over 23 years, Steben & Company has specialized in bringing managed futures funds to sophisticated investors. An industry leader, Steben & Company uses its experience to help financial advisors and their clients understand managed futures and the potential benefits to be gained from adding them to an investment plan. The company's flagship managed futures fund has operated continuously since 1989. Steben & Company has made significant investments in research, technology and personnel to enhance its process for selecting highly qualified managers, currently allocating more than $1.6 billion to the funds' various trading advisors.

To request more information, please contact:

Neil Menard
[email protected]
Steben & Company, Inc.
800.726.3400
Steben.com

SOURCE Steben & Company, Inc.