Macquarie Global Infrastructure Total Return Fund has announced the resignation of Sally Worrall as chief compliance officer, who has accepted a new position within Macquarie Funds Group and is relocating to Sydney, Australia. Immediately assuming her role is Brett Byrd, associate director at Macquarie Funds Group in Los Angeles.

In other news, the company also announced that Jon Fitch will retire from serving as CEO and co-portfolio manager. Assuming the role of CEO is Brad Frishberg, effective May 31. Frishberg joined Macquarie Group in 2009 in the firm’s New York office as managing director and chief investment officer of the Infrastructure Securities division within Macquarie Funds Group—the firm’s global asset management arm.

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...