Roman to replace Clarke early next year as CEO of Man Group
December 11, 2012
A senior management change at Man Group that has looked increasingly inevitable in recent months was finally triggered this week with the news that Manny Roman is to take over as the group’s chief executive from Peter Clarke early next year.
A statement from Man said Clarke had “advised the company of his intention to retire as chief executive”, with the intention of stepping down from the board at the end of February next year after a handover period during which he will work with Roman.
Roman – who was formerly the co-CEO of GLG Partners, which Man bought in 2010 for $1.6 billion in an effort to reduce the group’s reliance...
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