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

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

Rating:Yates Will Leave Pioneer For London Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, May 11, 2012

Yates Will Leave Pioneer For London

News summary by MFWire's editors

Roger Yates is stepping down as CEO of Pioneer Investments [profile]. Yesterday UniCredit CEO Federico Ghizzoni revealed the appointment of Sandro Pierri as head of asset management and CEO of Pioneer, effective July 24.

Global Investor, Investment EuropeInvestments & Pensions Europe, Morningstar, Pensions & Investments, Reuters and WealthBriefing all reported on the news.

According to the statement, Yates will stay on Pioneer's board as a non-executive director and "return home to London due to family commitments."

Pierri joined Pioneer nine years ago, leading western europe and international and leading Pioneer in Italy. He also spent nine years at ING Investment Management.

Yates served as CEO for two and a half years and has been an important player in the firm's strategic review, which ended last year when the Italian bank decided not to sell Pioneer. MStar wonders if Yates didn't do himself any favors in February when he told reports: "The ability of banks to screw up fund managers is legendary. We’ve just got to make sure we have sufficient independence." 

Edited by: HFD

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

 Do You Recommend This Story?

Return to Top
 News Archives
2020: Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
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:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use