DFA Taps Dallmer as COO

News December 10, 2019 at 06:07 PM
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Asset manager Dimensional Fund Advisors has named Lisa Dallmer as its new chief operating officer. Most recently, she worked as senior vice president of business operations of Delphix, a fintech firm, and has been a strategic advisor to CEOs.

Dallmer's experience runs deep in financial services. It includes serving as COO of BlackRock's global technology and operations for four years and as COO of European markets for the New York Stock Exchange; she spent four years in Paris for NYSE and another nine working on index products and ETFs, as well as on the Archipelago exchange.

"I have long admired Dimensional for its intellectual rigor, commitment to clients and focus on innovation," according to Dallmer. "I look forward to working with leaders across the firm to improve operational standards, drive efficiencies, and enhance business capabilities for our clients."

Dimensional works with nearly $580 billion in assets under management, has more than 1,400 employees, and is based in Austin, Texas.

"As Dimensional continues to grow, innovate, and enhance the solutions we provide to clients, we are pleased to add a key new leader to our team," Co-CEO Gerard O'Reilly said in a statement.

Dallmer is a graduate of the University of Chicago Booth School of Business graduate, named for Dimensional founder David G. Booth after a $300 million donation. She also studied at the London School of Economics and INSEAD (Institut Européen d'Administration des Affaires).

Other Female Execs

In late July, Dimensional formed an Investment Solutions Group within its Investment team and promoted its then co-heads of Research: Marlena Lee, Ph.D., became head of Investment Solutions, while Savina Rizova, Ph.D., was tapped as head of Research.

Both Lee and Rizova earned their doctoral degrees at the Booth School of Business.

"Marlena and Savina have proven themselves as strong leaders. We look forward to providing clients with additional value and sharing our research and insights more broadly," O'Reilly said in a statement at the time.

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