Michael Woods was named CEO of Rothschild Asset Management, effective Thursday, spokeswoman Jessica McGinn said.Mr. Woods replaces Thomas Johnson, who moved into a senior advisory role within the firm in January 2014. Daniel Oshinskie and Michael Tamasco assumed Mr. Johnson’s responsibilities as co-heads of the U.S. business.
Mr. Oshinskie will now serve as chief investment officer and report to Mr. Woods. Mr. Tamasco has left the firm to pursue other opportunities.
Mr. Woods was managing director, head of the Americas, global client group for Deutsche Asset & Wealth Management and CEO of subsidiary DWS Investments. A spokeswoman for DeAWM declined to comment about a replacement.
Rothschild Asset Management managed $5.6 billion in assets as of Feb. 28.