Michael Roberge, MFS president and chief investment officer (CIO), will be promoted to co-CEO, effective Jan. 1, 2015.
He will share management responsibilities with Robert Manning, MFS chairman and CEO since 2004. Roberge will also continue to serve as CIO.
“In his 18 years with the firm, Mike has proven himself to be an exceptional leader and a talented investor,” says Manning. “As co-chief executive officer, Mike will play a critical role in both guiding our investment team and managing our ongoing global expansion.”
Roberge joined MFS in 1996 in the fixed income department. During his career at MFS, he has served as a credit analyst, portfolio manager, research director, chief of fixed income and chief U.S. investment officer, before being promoted to president and CIO in January 2010.
In order to allow Roberge to focus on his new leadership role, MFS will transition some of his investment oversight responsibilities to two new group CIOs.
Kevin Beatty, director of equity, North America, will be promoted to CIO, global equity, and William Adams, MFS director of fixed income, will be promoted to CIO, global fixed income.
For more industry moves, check out People Watch.
This week’s most popular articles: