The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:There Can Be Only One ... Janus Henderson CEO Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, July 31, 2018

There Can Be Only One ... Janus Henderson CEO

Reported by Neil Anderson, Managing Editor

A little over a year after Andrew Formica and Dick Weil teamed up to lead the freshly merged Janus Henderson [profile] as co-CEOs, a single chief is taking over. And another top executive is leaving, too.

Today the London-based multinational asset manager's board of directors confirmed the appointment of Weil as the sole CEO. Formica will step down as co-CEO and from the Janus Henderson board will stay on through the end of the year to advise on the final integration efforts, and the firm will take a $12-million severance charge.

Richard Gillingwater, chairman of the board, praises Weil as bringing "a breadth of skills and experience from prior roles in his career where he successfully led organizations through challenge and change."

Meanwhile, global distribution chief Phil Wagstaff (like Formica, a Henderson alumnus) is also leaving Janus Henderson, the board confirms. He will stay on for six months to help with the transition. 

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use