Janus Henderson Group Announces CEO Retirement
November 18 2021 - 9:00AM
Business Wire
Dick Weil to Retire After 12 Years as CEO;
Effective 31 March 2022
Board of Directors Commences Search for
Successor
Janus Henderson Group plc (NYSE/ASX: JHG) (“JHG” or the
“Company”) today announced that Dick Weil intends to retire as
Chief Executive Officer and as a member of the Company’s Board of
Directors, effective 31 March 2022. The Board has initiated an
internal and external search process with the assistance of a
leading executive search firm to identify a successor to lead Janus
Henderson through its next phase of growth. To ensure a seamless
transition, Mr. Weil will remain in his role until March 2022 and
assist Janus Henderson with an orderly transfer of
responsibilities, serving as an adviser to the Company through 30
June 2022.
Richard Gillingwater, Chairman of the Board of Directors
stated, “On behalf of the Board of Directors, I want to thank
Dick for his outstanding service to Janus Henderson over a 12-year
career. As the leader of Janus Capital Group, Dick successfully
executed the merger integration that has resulted in the Janus
Henderson that we know today. Under his vision and stewardship, the
Company has transformed into one of the world’s leading active
asset managers with steadfast investment principles and an
unmatched commitment to serving clients. Dick has instilled a
unified culture of excellence throughout Janus Henderson and, as a
result, we have built a strong global franchise well positioned for
continued growth.”
Dick Weil, said, “It has been a true privilege to lead
Janus Henderson, and I am incredibly proud of all that our team has
achieved over my 12 years with the Company. Together with my
colleagues, we have built a strong operational and financial
foundation, extended our product offering, created significant
value for our clients and our shareholders alike, and successfully
positioned the Company for future growth. With the Company
operating from a position of strength, I believe that now is the
right time to begin the search for a new CEO who will continue the
journey of growth that the firm is on. While the search process for
my successor is underway, I remain committed to working alongside
the Board and executive team to further our strategy and, to
ultimately ensuring a seamless transition. In announcing my
retirement, I do so with full confidence in my colleagues and their
ceaseless dedication to delivering excellence.”
Mr. Gillingwater continued, “We wish Dick the very best
on his well-deserved retirement and we look forward to working with
him as we transition to the Company’s next CEO. The Board’s focus
is on ensuring we identify a leader who can build on our success to
date, and who has the relevant skills and expertise to enable us to
realise our growth opportunities, expand into new markets and
products and continue to drive value for our clients and
shareholders.”
Mr. Weil was instrumental in executing the transformational
merger of Janus Capital Group Inc. and Henderson Group plc. to form
Janus Henderson Group plc. During his tenure as CEO, Mr. Weil
successfully established Janus Henderson as a global asset manager.
He prioritised hiring top talent and reinvented, strengthened, and
modernized Janus Henderson’s products and business model, all with
the purpose of delivering results for clients and long-term profit
for shareholders. He implemented a company culture that has always
put the client first, which values diversity and inclusion of
thought, and has delivered long-term profit for shareholders.
About Janus Henderson
Janus Henderson Group is a leading global active asset manager
dedicated to helping investors achieve long-term financial goals
through a broad range of investment solutions, including equities,
fixed income, quantitative equities, multi-asset and alternative
asset class strategies. At 30 September 2021, Janus Henderson had
approximately US$419 billion in assets under management, more than
2,000 employees, and offices in 25 cities worldwide. Headquartered
in London, the company is listed on the New York Stock Exchange
(NYSE) and the Australian Securities Exchange (ASX).
FORWARD-LOOKING STATEMENTS DISCLAIMER
Past performance is no guarantee of future results. Investing
involves risk, including the possible loss of principal and
fluctuation of value. A client commitment is not a guarantee that a
stated objective will be met.
This release includes statements concerning potential future
events involving Janus Henderson Group that could differ materially
from the events that actually occur. The differences could be
caused by a number of factors, including those factors identified
in Janus Henderson Group’s Annual Report on Form 10-K for the
fiscal year ended 31 December 2020 and in subsequent filings or
furnishings made by the Company with the Securities and Exchange
Commission from time to time (Commission file no. 001- 38103),
including those that appear under headings such as ‘Risk Factors’
and ‘Management’s Discussion and Analysis of Financial Condition
and Results of Operations’.
Many of these factors are beyond the control of Janus Henderson
Group and its management. Any forward-looking statements contained
in this release are as at the date on which such statements were
made. Janus Henderson Group undertakes no obligation to publicly
update or revise any forward-looking statements after the date they
are made, whether as a result of new information, future events or
otherwise, except as required by law.
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Investor enquiries: Jim Kurtz Co-Head Investor Relations
(US) +1 (303) 336 4529 jim.kurtz@janushenderson.com
Melanie Horton Co-Head Investor Relations (Non-US) +44 (0)20
7818 2905 melanie.horton@janushenderson.com
Or
Investor Relations investor.relations@janushenderson.com
Media enquiries: Sarah de Lagarde Global Head of
Communications +44 (0) 20 7818 2626
sarah.delagarde@janushenderson.com
Stephen Sobey Head of Media Relations +44 (0) 20 7818 2523
stephen.sobey@janushenderson.com
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