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Man Group PLC - London-based hedge fund manager - Promotes Robyn Grew to chief executive officer starting September 1, when Luke Ellis will retire after seven years in post. Grew currently group president, based in the US, and has worked at Man Group for 14 years, including as chief operating officer. She will relocate to the UK and join the board as an executive director.
Man Group ‘has developed into a world leading, technologically brilliant, active investment firm with a fantastically collegiate culture,’ Grew says. ‘I look forward to building on that to ensure the firm remains positioned at the forefront of active investing, attracting top talent and delivering for our clients and shareholders alike.’
Current stock price: 208.40 pence
12-month change: down 11%
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