Press Release

ProShares Strengthens Distribution Capabilities With Three Key Hires

Industry pioneer accelerates recruitment as it positions for long-term growth.


BETHESDA, Md.–(BUSINESS WIRE)–ProShares, a premier provider of exchange-traded funds (ETFs), today announced the addition of three industry veterans to its national distribution team. The firm has hired Chad Brand, Mike Hart, and Matt Zorumski as Regional Vice Presidents, expanding its breadth and expertise to support financial advisors nationwide.

  • Chad Brand has been appointed to cover Southern California. He joins ProShares from Allspring Global Investments, where he built strong relationships with financial advisors in the Los Angeles area—part of a three-decade career in asset management.
  • Mike Hart has been appointed to cover New York City, Westchester County, and Long Island. He brings nearly two decades of experience, including 17 years with Cohen & Steers, where he specialized in client engagement across the financial intermediary channel.
  • Matt Zorumski has been appointed to cover Florida. With more than 20 years of distribution experience, most recently at Amundi US (formerly Pioneer Funds), he brings deep knowledge of the fund and advisor landscape.

“Attracting top industry talent has always been central to ProShares’ success,” said ProShares CEO Michael L. Sapir. “As our business expands to serve new markets and new audiences, we are committed to strengthening our distribution and client service capabilities to support that growth. These hires, together with our broader recruitment efforts, position us well for 2026 and beyond.”

ProShares is actively recruiting for more than two dozen full-time roles across distribution, marketing, operations, product and technology, among other functions. This expansion underscores the firm’s commitment to growing its talent base and delivering innovative solutions for clients.

“We’re excited to welcome Chad, Mike, and Matt to ProShares,” said Mo Haghbin, Managing Director and Head of Strategic Products. “Their experience and commitment to serving financial advisors will be invaluable as we expand both our reach and our product lineup.”

About ProShares

ProShares has been at the forefront of the ETF revolution since 2006. ProShares manages over $95 billion in assets and offers one of the largest lineups of ETFs.1 The company is a leader in strategies such as dividend growth, high income, interest rate hedged bond, crypto-linked, 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.

1 Includes ETF and Mutual Fund assets as of Sep 19, 2025.

Investing involves risk, including the possible loss of principal. There is no guarantee any ProShares ETF will achieve its investment objective.

Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in the 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.

Contacts

Media
Steve Schaefer, Hewes Communications

(212) 207-9456

[email protected]

Investor
ProShares

866-776-5125

[email protected]

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