Janus Henderson CEO Formica Exits

Former Henderson chief Andrew Formica has resigned as co-CEO of Janus Henderson. The asset manager finalised its merger last year

Emma Wall 1 August, 2018 | 4:47AM

Janus Henderson merger asset manager CEO steps down funds

Janus Henderson has announced co-CEO Andrew Formica is stepping down, effective immediately. The board has confirmed Dick Weil will continue as sole CEO of the asset manager. 

The merger between London-based Henderson, led by Formica for a decade, and Colorado-based Janus Capital Group, headed up by Weil since 2010, was finalised last year. While the market expectation was that one of the two would be appointed CEO in due course, the timing comes as a surprise.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Janus Henderson Strategic Bond I Acc343.00 GBP-0.06

About Author

Emma Wall  is former Senior International Editor for Morningstar

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