Dick Weil, Janus Henderson Group CEO, will retire in early 2022, the company said in a news release Thursday.
Mr. Weil will also retire from the board of directors when he steps down March 31.
The board is working with an executive search firm on the internal and external search process to find his successor.
Mr. Weil was instrumental in executing the 2017 merger of U.S.-based Janus Capital Group and U.K.-based Henderson Global Investors, to form Janus Henderson Group, according to the news release.
Board Chairman Richard Gillingwater said in the release that under Mr. Weil’s leadership, “the company has transformed into one of the world’s leading active asset managers with steadfast investment principles and an unmatched commitment to serving clients.”
As of Sept. 30, Janus Henderson Group had $419.3 billion in assets under management.
