A multinational asset manager's Boston-based North American arm is switching chiefs, and the new big boss should be a familiar face to those who already know the firm. The move comes as the global parent is also making a big change.
| David Giunta|
Natixis Global Asset Management
CEO for the U.S. and Canada
, age 56, is stepping down as CEO of the Americas and Asia for Natixis Global Asset Management
], and U.S. and Canada distribution chief David Giunta
, 51, a long-time friend of Hailer's, is taking over as president and CEO of U.S. and Canada, effective immediately. Meanwhile, across the pond, Jean Raby
is taking over as Natixis' worldwide head of asset management, private banking, and private equity businesses, succeeding Pierre Servant
. A company spokesman says that Servant is stepping down for health reasons.
The Boston Business Journal
and the Boston Globe
both covered the Hailer-Giunta switch.
To help with the transition, Hailer will stay on until the end of April. He will then retire from Natixis, the company says, "to dedicate himself more fully public service and philanthropic work." Giunta will now oversee Natixis' North American affiliates while still leading distribution.
Servant now serves as senior advisor to Laurent Mignon
, CEO of all of Natixis.
Mignon praises Giunta as bringing "a great depth and breadth of experience to his new role." As for Hailer, Mignon calls him "instrumental in building a successful international distribution platform and fostering a global culture of teamwork and community involvement."
Giunta, an alumnus of Bentley and of Boston College, first joined Natixis nine years ago. He previously worked at Fidelity, BankBoston, and Putnam.
Hailer, an alumnus of Beloit, has led Natixis in North America for a decade and has spent 19 years with the firm. Prior to that he worked with Fidelity and Putnam.
Raby, a dual French and Canadian citizen, is an alumnus of Universite Laval, Cambridge, and Harvard. He most recently served as CFO at French telecoms giant SFR, and prior to that he worked with Alcatel-Lucent and Goldman Sachs.
As of December 31, Natixis Global Asset Management had $877 billion in AUM worldwide.
Neil Anderson, Managing Editor
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