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

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

Rating:11 Years In, a Cali AM's Chief Passes the Reins Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, February 15, 2024

11 Years In, a Cali AM's Chief Passes the Reins

Reported by Neil Anderson, Managing Editor

The chief of a $23.6-billion-AUM, 50-year-old, California fund firm is preparing to pass the reins to a familiar leader. Yet the current chief is staying involved, too.

Brent Vardeman Woods
Brandes Investment Partners, LP
Outgoing CEO
Last week, the team at Brandes Investment Partners [profile] revealed that Oliver Murray, managing director of portfolio management and client services and a 22-year company veteran, will take over as CEO of the San Diego-based, value-investing-focused asset manager on May 1. Murray will succeed 11-year CEO Brent Woods, a 29-year company veteran who will continue to serve on both Brandes' international large-cap investment committee and Brandes' investment oversight committee.

Oliver Michael Murray
Brandes Investment Partners, LP
Managing Director of Portfolio Management and Client Services, CEO-Elect
Woods will also become president of Brandes' general partner, Co-GP, LLC. (Co-GP is also the managing general partner of Brandes' majority owner, Brandes Worldwide Holdings, L.P.. Through Brandes Worldwide and Co-GP, Brandes Investment Partners is 100-percent employee-owned.)

Per a statement from Co-GP, the upcoming shifts of Murray and Wood reflect "Brandes' commitment to an orderly succession that will help ensure strong leadership for the future." Murray, in turn, lauds the Brandes team as "an exceptional group of talented and dedicated investment professionals who embody Brandes' commitment to character, integrity, and providing investment excellence."

News of the upcoming CEO switch comes as the Brandes team is celebrating the firm's golden anniversary, as founder Charles Brandes launched his eponymous shop in 1974. He retired from the boutique in 2018.

Murray first joined Brandes in 2002, and that year he spearheaded the firm's entry into Canada. He later led Brandes' entry into Singapore, and last year he led the firm's move into the ETF space.

Woods joined Brandes back in 1995. After serving as managing director of investments, he took over as CEO in 2012

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

 Do You Recommend This Story?

Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
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. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use