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

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

Rating:A $237B Asset Manager's U.S. Retail Chief Is Retiring Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, February 23, 2016

A $237B Asset Manager's U.S. Retail Chief Is Retiring

Reported by Neil Anderson, Managing Editor

A top Russell Investments [profile] executive will retire this summer.

Sandra Cavanaugh
Russell Investments
Chief Executive Officer, Private Client Services, North America
Sandy Cavanaugh, 61, will retire from Russell on June 30. She currently serves as CEO of private client services in North America. There's no word yet on who will fill Cavanaugh's shoes.

"Until this time, she will continue leading the U.S. retail business, while working closely with CEO Len Brennan and the U.S. PCS executive team to ensure a smooth transition as we select and name her successor," Russell spokeswoman Blair Lowman tells MFWire. "We will select and name a successor as soon as possible. Both internal and external candidates will be considered."

Cavanugh reports directly to Brennan.

Cavanaugh joined Russell six years ago as managing director of private client services. An alumnus of Fresno State, she previously held top distribution jobs at SunTrust and at WaMu's mutual fund business.

Len Brennan
Russell Investments
Chairman, President, Chief Executive Officer
Meanwhile, the Russell team welcomed new president Vernon Barback last month. And private equity firms TA Associates and Reverence Capital Partners are buying Russell from the LSE. The deal is expected to close in the first half of the year.

Russell had $237.3 billion in AUM as of September 30, 2015. 

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

0.0
 Do You Recommend This Story?



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




©All rights reserved to InvestmentWires, Inc. 1997-2018
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use