Peter Q. Thompson announced he will resign as CEO of Perkins Investment Management, effective Dec. 31, in a letter sent to colleagues and obtained by Pensions & Investments.
Perkins Chief Investment Officer Jeff Kautz will assume the role of CEO on a permanent basis upon Mr. Thompson’s departure, while remaining CIO. Mr. Thompson will assist Mr. Kautz and the staff with the transition.
“I will be taking a little bit of time to ponder my next stop,” Mr. Thompson said in his letter.
John Groneman, a spokesman for Perkins Investment Management, said in an e-mail that Mr. Thompson’s “decision to step down was based on the fact that Perkins has evolved to a place where the investment and client-facing sides of the business could be efficiently integrated.”
Perkins Investment Management is a subsidiary of Janus Capital Group that had $13.7 billion in assets under management as of June 30.
