Opalesque Industry Update - Campbell & Company announced on September 14, 2011, that its current President, Stephen Roussin, had been appointed Chief Executive Officer effective October 1st. Roussin, an investment industry veteran, had joined Campbell in June. Please ignore the headline in Opalesque’s AMB newsletter on Sept. 15 which mistakenly stated he had left the firm. Mr. Roussin had had a successful career in New York, most recently as Managing Director and Head of Investment Solutions for UBS Wealth Management Americas and as President and COO for New York Life Investment Management. This transition had been planned; as current CEO Terri Becks wanted retire once a successor was found. Ms. Becks has been at Campbell for more than 20 years, initially as Chief Financial Officer and as CEO since 2007. She will continue to be a shareholder of the firm and an advisor to the board.
Founded in 1972, Campbell & Company, which is located in Baltimore, Maryland, is a pioneer in absolute return investment management, specializing in systematic managed futures and equity market-neutral strategies. The firm and its affiliates manage more than $3bn in assets for institutional and private clients around the world.
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Industry Updates
Correction: Stephen Roussin is new CEO of absolute return manager Campbell & Co.
Friday, September 16, 2011
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