Effective February 1, 2010, Janus Capital Group will have a new CEO. Mr. Richard M. Weil has been appointed chief executive officer and a member of the board of directors for Janus Capital Group, Inc.
“Dick was PIMCO’s chief operating officer for nine incredibly successful years. His accomplishments include leading the development of their global business and founding their German business. He is a proven leader with a strong vision for what makes a company and its people successful,” said Scheid. “The breadth of his leadership experience, deep understanding of the investment industry and global perspective were all key factors behind the board’s decision. These characteristics not only complement Janus’ key strengths, they also align with the firm’s long-term strategic priorities.”
“I am honored by this appointment and tremendously excited about the very bright future I see for Janus Capital Group,” said Weil. “The firm has all the right ingredients to achieve even greater success, including a very strong investment culture, excellent performance, and a deep commitment to serving its clients through each of its Janus, INTECH, and Perkins teams.”
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About Janus Capital Group Inc.
Janus Capital Group Inc. (JCG) is a global investment firm offering strategies from three individual investment boutiques: Janus Capital Management LLC (Janus), INTECH Investment Management LLC (INTECH) and Perkins Investment Management LLC (Perkins). Each manager employs a research-intensive approach that is distinct within its respective asset class. This multi-boutique approach enables the firm to provide style-specific expertise across an array of strategies, including growth, value and risk-managed equities, fixed income and alternatives through one common distribution platform.
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