Harris | Oakmark announces investment and leadership team updates reflective of the firm’s ongoing commitment to a disciplined, team-based value investing approach and long-term planning.
“Thoughtful leadership development and long-term planning are hallmarks of a well-governed firm. Each year, we take a deliberate look across our deep bench of talent to ensure we are elevating the right people at the right time. This disciplined approach strengthens the depth of our investment team and positions our firm to continue delivering value for our clients,” said Tony Coniaris, Chairman of the firm and Co–Chief Investment Officer, International Equities.
Investment Team Update
Effective June 30, 2026, Alex Fitch, CFA, will be appointed Co–Chief Investment Officer, U.S., serving alongside Bill Nygren, CFA. Alex has served as Director of U.S. Research since 2021 and will continue to serve as Portfolio Manager of the Oakmark Select and Oakmark Equity and Income Funds as well as the U.S. Concentrated and Equity and Income strategies.
Effective December 31, 2026, Jeremy Thames, CFA, will be promoted to Portfolio Manager joining Alex Fitch and Robert Bierig on the U.S. Concentrated strategy and the Oakmark Select Fund. Jeremy joined the firm in 2016 and has served as Associate Director of U.S. Research since 2022. Tony Coniaris will step down as Co-Portfolio Manager of the U.S. Concentrated strategy, and Bill Nygren will transition from his role as Co-Portfolio Manager of the Oakmark Select Fund.
Bill will continue to serve as Co–Chief Investment Officer, U.S. and Portfolio Manager of the Oakmark Fund, Oakmark U.S. Large Cap ETF, and the U.S. Large Value strategy.
Tony will continue to serve as Chairman of the firm, Co–Chief Investment Officer, International Equities and Portfolio Manager for the International strategy, Global strategies, Oakmark International Fund, Oakmark Global and Oakmark Global Select Funds, as well as the Oakmark International Large Cap and Oakmark Global Large Cap ETF.
Leadership Update
Effective December 31, 2026, Alex Frey, CFA, will be promoted to Director of International Research, succeeding Justin Hance, CFA. Alex joined the firm in 2017 and has served as Associate Director of International Research since 2024. Justin, who was appointed to the management committee in 2025, will focus on portfolio management and firm leadership. Justin will continue as Portfolio Manager of the Oakmark International Small Cap Fund and the International Small Cap strategy.
Effective June 30, 2026, Robert Bierig will assume the role of Deputy Chairman of the firm, succeeding David Herro, CFA. Robert joined the firm in 2012 and has served on its management committee since 2021. He has been an integral contributor to the firm’s portfolio management and investment research efforts throughout his tenure. He will maintain these responsibilities and continue to serve as Portfolio Manager of the Oakmark and Oakmark Select Funds, as well as the Oakmark U.S. Large Cap ETF, the U.S. Large Value strategy, and the U.S. Concentrated strategy.
David will continue to serve as Co–Chief Investment Officer, International Equities, and Portfolio Manager of the International strategy, International Small Cap strategy, Japan equity strategy, Global strategies, Oakmark International, Oakmark International Small Cap, Oakmark Global and Oakmark Global Select Funds, as well as the Oakmark International Large Cap and Oakmark Global Large Cap ETFs.
All changes outlined above will take effect at the close of business on the specified date.
Investing involves risk; principal loss is possible. There is no guarantee each Fund’s investment objectives will be achieved. The Funds are actively managed and do not seek to replicate a specific index. These and other risk considerations, such as market, sector or industry, large shareholder, and value style, are described in detail in the Fund’s prospectus.
Before investing, carefully consider fund investment objectives, risks, charges and other expenses. For this and other information that should be read carefully, please request a prospectus and summary prospectus by calling 1-800-OAKMARK (625-6275) (mutual funds) or 1-800-458-7452 (ETFs) or visiting oakmark.com.
The Oakmark Funds are distributed by Harris Associates Securities L.P., member FINRA. Harris Associates L.P. is the investment adviser to the Oakmark ETFs. The Oakmark ETFs are distributed by Foreside Fund Services, LLC. Harris Associates L.P. and Harris Associates Securities L.P. are not affiliated with Foreside Fund Services, LLC. Harris Associates is an investment adviser registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940, however, such a registration does not imply a certain level of skill or training. The general partnership interest in Harris Associates is owned by Harris Associates, Inc., a corporate subsidiary of Natixis Investment Managers LLC.
Natixis Distribution, LLC (Member FINRA | SIPC), is a marketing agent for the Oakmark Funds and Oakmark ETFs.
