NEWYORK, February 6, 2015 – OppenheimerFunds announced today that Eric Meltzer will join the firm as Chief Technology Officer, effective February 17. In this role, Meltzer will be responsible for advancing the firm’s technology, infrastructure and data initiatives. Meltzer will be based in New York and will report directly to Art Steinmetz, OppenheimerFunds Chairman and CEO.

“Eric’s appointment underscores the vital role that technology plays in serving our clients’ needs,” said Steinmetz. “Eric is an accomplished expert in his field, and we’re delighted to have him join the firm to lead the strategic vision for developing and leveraging technology across OppenheimerFunds.”

Prior to joining OppenheimerFunds, Meltzer served as Chief Technology Officer at Putnam Investments, where he led the creation and execution of technology strategy for applications, infrastructure and telecommunications. Previously, he served as Head of Applications; Managing Director, Investment Systems and Senior Director, Applications; and Head of Research and Analytic Systems.

Meltzer began his career in 1988 as a programmer analyst at Bloomberg LP. He later held a series of positions with increasing responsibility at Bankers Trust Co. of New York, Kidder, Peabody and Co., Reuters, and Deutsche Bank AG.

“OppenheimerFunds is a widely respected global asset manager that recognizes the importance of serving its clients through progressive technology,” said Meltzer. “I look forward to helping the firm further strengthen its technology strategy and capabilities.”