Stephen Roussin was named CEO of absolute-return investment management firm Campbell & Co., confirmed Tracy Wills-Zapata, managing director of business development.
Mr. Roussin has been president of the firm since June in preparation to succeed retiring CEO Terri Becks, Ms. Wills-Zapata said in a telephone interview. He will retain the president position; Ms. Becks had previously also been company president.
Ms. Becks will continue as an adviser to the Campbell & Co. board, according to a news release.
Prior to joining Campbell & Co., Mr. Roussin was managing director and head of investment solutions for UBS Wealth Management Americas.
Campbell & Co. has more than $3 billion in assets under management, according to the news release.