Fink to Hand over the Reins at Hedge Fund Manager Man Group
Parkinson, Gary, The Independent (London, England)
Stanley Fink, consistently among the best-paid of Britain's chief executives, revealed yesterday he is to take a back seat at Man Group.
After forging the former commodities broker into the world's biggest listed hedge-fund manager over the past two decades, he is to step down in April.
Mr Fink will become nonexecutive deputy chairman and retain his role as chairman of the strategic investment committee of Man Investments.
Peter Clarke, the finance director, will become Man's chief executive. He has worked for Man for 13 years and joined the board in 1997, becoming finance director three years later and group deputy chief executive last year. His …
Questia, a part of Gale, Cengage Learning. www.questia.com
Publication information: Article title: Fink to Hand over the Reins at Hedge Fund Manager Man Group. Contributors: Parkinson, Gary - Author. Newspaper title: The Independent (London, England). Publication date: September 8, 2006. Page number: 48. © 2009 The Independent - London. Provided by ProQuest LLC. All Rights Reserved.
This material is protected by copyright and, with the exception of fair use, may not be further copied, distributed or transmitted in any form or by any means.