Ex-Henderson CEO to Head Jupiter

Former Janus Henderson CEO Andrew Formica will be joining Jupiter Asset Management as chief executive from March 1

Emma Wall 22 January, 2019 | 8:00AM

Andrew Formica

Andrew Formica, former CEO of Henderson, will be joining Jupiter Asset Management (JUP) as chief executive from March 1. Current Jupiter chief Maarten Slendebroek, who has led the firm for the past five years will step down on May 1 after a short transition.

Formica resigned as CEO of Janus Henderson in August last year, though he stayed on in an advisory capacity to aid the transition. He was succeeded by Dick Weil, his fellow co-CEO. 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 in 2016.

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Emma Wall  is former Senior International Editor for Morningstar

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