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Thursday, February 25, 2016|
Meet BNY Mellon's Next Arledge
There's a new CEO atop a $1.6-trillion AUM, global multi-boutique asset manager.
Blooomberg and P&I both covered the news.
Arledge, according to BNY Mellon's press release, "has decided to pursue other opportunities outside of the company."
Hassell lauds Harris' "impressive track record in the investment management industry."
"He is well regarded across our client base, and I am confident he will lead our investment management business with great insight and success," Hassell states.
Along with Harris' promotion and Arledge's departure, Hassell is also making an organizational change. Michelle Neal, president of BNY Mellon's markets group, had reported to Arledge. Yet now Neal will report not to Harris but directly to Hassell.
Arledge is an alumnus of Princeton. Like Harris, he comes from the fixed income side of the business. He worked at Salomon Brothers, BlackRock, Mariner Investment Group, Wachovia (now part of Wells Fargo), and then BlackRock again before taking over BNY Mellon's investment management business in 2010.
Printed from: MFWire.com/story.asp?s=53543
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