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Abrdn Picks Ex-Finance Chief Windsor as CEO to Succeed Bird.

Authors :
Kehnscherper, Leonard
Gyftopoulou, Loukia
Source :
Bloomberg.com; 9/10/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

Abrdn Plc has appointed Jason Windsor, its former finance chief and interim CEO, as the new CEO of the troubled asset manager. Windsor expressed optimism about the potential for growth in Abrdn's core businesses. He takes over from Stephen Bird, who stepped down earlier this year. Abrdn has faced significant challenges, including outflows and job cuts, and Windsor will be tasked with turning the company around. Schroders Plc, a rival asset manager, also announced the appointment of a new CEO, Richard Oldfield. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
179551725