Tags: pimco

Pimco Appoints El-Erian as CEO

Friday, 05 Sep 2008 08:22 AM


Pacific Investment Management Co, the manager of the world's biggest bond fund, named Mohamed El-Erian as its chief executive to replace Bill Thompson, who will retire at the end of the year.

El-Erian, currently the co-CEO, joined Pimco in January from Harvard University, where he was managing a $34.9 billion endowment.

El-Erian will also continue in his role as co-chief investment officer with Bill Gross, the founder and CIO of Pimco, the company said in a statement.


© 2015 Newsmax. All rights reserved.

1Like our page
2Share
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved