Patrick Coyne will retire as CEO of Delaware Investments on Sept. 30, spokeswoman Paula Chirhart said.
A search for a successor is currently underway. Executive search firm Heidrick & Struggles is assisting.
Mr. Coyne has been CEO since 2006. He joined Delaware Investments in February 1990 as a municipal bond trader.
In addition to Mr. Coyne, See Yeng Quek, executive vice president, managing director and co-head of fixed income, will also retire Sept. 30.
Roger Early, senior vice president, managing director and co-head of fixed income, will become sole head of fixed income, effective immediately. Mr. Quek will remain with Delaware Investments until the end of September to ensure a smooth transition.
Delaware Investments had more than $185 billion in assets under management as of Dec. 31.
