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

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

Rating:Pozen Retires, Manning Steps Up and Anoints Possible Heirs Not Rated 1.0 Email Routing List Email & Route  Print Print
Wednesday, April 14, 2010

Pozen Retires, Manning Steps Up and Anoints Possible Heirs

Reported by Neil Anderson, Managing Editor

Bob Pozen is leaving MFS, and CEO Rob Manning will fill his shoes as chairman. That's just one of the changes the Boston-based asset manager revealed for its leadership team today, changes that seem to leave three executives vying to succeed Manning at the top one day.

Robert J. Manning
MFS Investment Management
CEO, Chairman-Designate
Meanwhile, David Antonelli and Marty Beaulieu both will step a little closer to the top spot as brand new vice chairman. Not to be outdone, president Mike Roberge will add the titles of chief investment officer and global director of research.

"Through the appointments we are announcing today, we have established a smooth succession for the leadership of MFS," Manning stated.

"The appointments today have the full support of Sun Life Financial [MFS' Canadian parent]," added Donald Stewart, CEO of Sun Life.

Michael W. Roberge
MFS Investment Management
President, CIO-Designate
Beaulieu will retain his current post as executive vice president and head of global distribution. Antonelli, on the other hand, will relinquish his co-head of global research title and continue to serve as an executive vice president and portfolio manager for global growth, international growth and small and mid-cap strategies.

All of these changes -- Manning becoming chairman, Antonelli and Beaulieu's promotions, Roberge's additional titles -- take effect on July 1 of this year, though Pozen, age 64, won't officially retire from the firm until December 31, 2011. (Manning specifically hinted that Pozen, who will become chairman emeritus on July 1, will have a "continued advisory role" with MFS.) 

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

1.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2018: Q3Q2Q1
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:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2018
40 Wall Street | 28th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use