Magellan chief steps down as company bleeds funds

  • 📰 smh
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 80%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Magellan boss David George left the role on Wednesday, after just 17 months in the role, as the fund manager looks to restore its once high-flying status.

Magellan Financial Group’s chief executive has stepped down after just 17 months in the role as the embattled fund manager looks to win back clients and turn around its performance.

“The board is grateful for David’s contribution during a challenging time for the business, including his role in stabilising and improving the core funds management business,” the company said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Magellan chief steps down as company bleeds fundsMagellan boss David George left the role on Wednesday, after just 17 months in the role, as the fund manager looks to restore its once high-flying status.
Source: theage - 🏆 8. / 77 Read more »