Richard Wood is replacing George Noyes as president and CEO at...

Richard Wood is replacing George Noyes as president and CEO at Standish Ayer & Wood. Mr. Wood was co-manager of global bonds and a member of the board of directors. Mr. Noyes will remain as the firm’s chairman and will return to bond investing. Standish plans to search for a new mutual fund co-manager, said Beth McGoldrick, Standish spokeswoman.