ProShares Names ETF Industry Veteran Steve Munroe as Chief Marketing Officer

May 29, 2024 at 08:30 AM EDT

ProShares, a premier provider of ETFs, announced today that Steve Munroe has joined the firm as Managing Director, Chief Marketing Officer. Based in the firm’s New York City office in Hudson Yards, Mr. Munroe will report directly to ProShares’ CEO Michael L. Sapir and serve on the firm’s Management Team.

“Having Steve assume leadership of our marketing team is one of the many reasons why I am incredibly optimistic about the future of ProShares. He and I share a vision for the future of ETF distribution and the vital role that high-quality and well-executed marketing will play in elevating ProShares to the next level,” said Mr. Sapir.

Mr. Munroe joins ProShares from Global X, where he had worked since 2015 and served as head of marketing, overseeing initiatives that helped propel the growth of the company’s ETF lineup in the United States, Europe, and beyond. Prior to Global X, Mr. Munroe held marketing and research roles with Liberty Mutual Insurance and Kantar (formerly MaPS).

“I have great admiration for the ProShares brand and product lineup, and I am excited to roll up my sleeves alongside such a talented and innovative group,” said Mr. Munroe. “ProShares is full of opportunity, and I look forward to working with Michael and the entire team to build on what is already an extremely successful organization.”

Mr. Munroe earned his bachelor’s degree in economics from Saint Michael’s College and a master’s degree from Kansas State University.

About ProShares

ProShares has been at the forefront of the ETF revolution since 2006. ProShares now offers one of the largest lineups of ETFs and, along with its affiliates, now manages over $70 billion in assets. The company is a leader in crypto-linked, dividend growth, interest rate hedged bond, and geared (leveraged and inverse) ETF investing. ProShares continues to innovate with products that provide strategic and tactical opportunities for investors to manage risk and enhance returns.

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Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing.

ProShares are distributed by SEI Investments Distribution Co., which is not affiliated with the funds’ advisor or sponsor.