BOSTON, Sept 2 (Bernama-BUSINESS WIRE) -- Wellington Management (“Wellington”), one of the world’s largest independent investment management firms, today announced that Brendan Swords, Chief Executive Officer, will retire from Wellington on 30 June 2021. At that time, Jean Hynes, Managing Partner, will succeed Mr. Swords as Chief Executive Officer.

“One of the most enduring lessons of the Wellington partnership is the notion of stewardship, bringing along the next generation of leaders to allow us to better serve clients,” said Mr. Swords. “I’m excited that Jean Hynes will be my successor. Over the course of her nearly 30 years at the firm, she has demonstrated the vision, optimism, and fortitude to lead Wellington in the years ahead. Her extensive investment and leadership experience align with our mission of delivering investment excellence to our clients.”

Ms. Hynes said, “I am humbled and honored to serve as the next CEO of Wellington Management. I have had the privilege of learning alongside Brendan for many years, and I am looking forward to building on our long heritage of helping our clients and their beneficiaries around the world achieve their investment goals.”

Ms. Hynes joined the firm in 1991 after graduating from Wellesley College with a BA in economics. Throughout her nearly 30 years at the firm, Ms. Hynes has researched the pharmaceutical and biotechnology industries, as well as served as a health care portfolio manager and leader of the health care sector research team. Since 2014, she has served as one the firm’s three Managing Partners alongside Mr. Swords. Ms. Hynes is a member of the Investment Committees at Wellesley College and the Winsor School.

About Wellington Management:

Tracing its history to 1928, Wellington Management is one of the world’s largest independent investment management firms, serving as a trusted adviser to over 2,200 institutional and private clients in more than 60 countries and managing over USD 1 trillion of assets. As a private partnership whose only business is investment management, the firm is able to align its long-term views and interests with those of its clients. The firm offers comprehensive investment management capabilities that span nearly all segments of the global capital markets, including equity, fixed income, multi-asset, and alternative strategies. With more than 800 investment professionals located in offices around the world, Wellington pairs deep multi-disciplinary research resources with independent investment teams operating in an entrepreneurial “boutique” environment. For more information, please visit www.wellington.com.

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Contact

Abby McAleney
Prosek Partners (on behalf of Wellington Management)
Pro-wellington@prosek.com
201-274-6468

Source : Wellington Management

--BERNAMA