Rampart Investment Management promotes Nicholas Penna to vice president

Rampart Investment Management, a leading asset management firm specializing in option strategies, announced today the promotion Nicholas G. Penna to vice president according to Ronald M. Egalka, president and chief executive officer.

Penna joined Rampart in 2004. His responsibilities included portfolio management of option positions, trading and monitoring of option positions, and serving as day-to-day client liaisons for key accounts.

"Nick's successful client management and trading capabilities during his tenure with Rampart have earned him the promotion to vice president," said Egalka. "His contributions to the firm have helped us gain our reputation as the industry leader for option-based investing."

Prior to Rampart, Penna served as options broker on the floor of the Chicago Mercantile Exchange, where he managed accounts in S&P 500, Eurodollar and foreign currency derivative products.

A resident of Norwell, Mass., Penna received a Bachelor of Arts in finance from the University of Notre Dame in 1987.

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