C.J. Daley, who left his post as Legg Mason's chief financial officer on July 1, is heading to Artisan Partners. Daley will join the Milwaukee-based mutual fund firm as managing director and chief financial officer on July 26.

Legg Mason formally announced Daley's departure yesterday. Legg Mason officials said Daley will join a "privately held asset manager," without identifying his destination. Artisan, for its part, issued an announcement on his hiring today (see below).

Daley worked at Legg Mason for more than 20 years.

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Company Press Release

Milwaukee, Wisconsin. Artisan Partners announced today that Mr. Charles (C.J.) Daley, Jr. will join its team as Managing Director and Chief Financial Officer effective July 26, 2010. C.J. will have lead responsibility for the firm’s accounting and finance functions.

C.J. joined Artisan from global asset management firm Legg Mason where he was Chief Financial Officer, Senior Vice President and Treasurer. He was with Legg Mason for over 20 years working in a variety of financial management roles.

Eric Colson, Artisan’s Chief Executive Officer, said, “We believe that Artisan Partners is a talent business and we are committed to attracting and developing proven talent. Earlier this year, we attracted Barry Dargan from MFS to co-manage our global equity portfolios. The hiring of Barry and the experience he brings to our firm as a global equity manager and the leadership experience C.J. has at a global asset manager are confirmation that we manage a global, talent-focused business.”

Artisan Partners Limited Partnership is an independent investment management firm, majority-owned by employees, with $43.5 billion in assets under management as of June 30, 2010. Artisan has five autonomous investment teams that oversee twelve high value added, active equity strategies.

 

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