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Showing 1 - 10 of 33 results for "Andrew Formica"

Magellan needs more consistent progress: Morningstar

ANDREW MCKEAN  |  MONDAY, 19 FEB 2024
... non-executive directors, among whom three possess "relevant" financial services expertise, alongside executive chair Andrew Formica. Morningstar also commended Magellan for being an innovator of new products, highlighting its launch of Australia's ...

Magellan names Rahmani as new chief, reports NPAT lift

JAMIE WILLIAMSON  |  THURSDAY, 15 FEB 2024
... manager she has long "admired for its focus on clients and strong historical investment performance." Executive chair Andrew Formica will remain in this role to ensure continuity and stability, Magellan said. He will focus on strategy, while Rahmani ...

Magellan cops first strike for remuneration

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
... remuneration committee. While Eales narrowly secured his seat, four other directors were also approved. This includes Andrew Formica who recently took over as executive chair following the swift departure of chief executive David George. The others are ...

Magellan downplays collapse, open to takeover

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
... fund manager is an attractive takeover target as he faced tough questions at today's annual general meeting. Andrew Formica tried to appease shareholders' fears about Magellan's stability and going concern amid key staff exits and large redemptions ...

GQG Partners FUM declines

ANDREW MCKEAN  |  TUESDAY, 7 NOV 2023
... since retired. The board renewal also included notable appointments such as former Janus Henderson chief executive Andrew Formica as non-executive chair, replacing Hamish McLennan, and former Pendal Group chair Deborah Page. Notably, Formica stepped ...

Magellan chief executive quits

CASSANDRA BALDINI  |  WEDNESDAY, 25 OCT 2023
... remain on hand until the end of the year while the group conducts a search for a replacement. In the meantime, Andrew Formica will assume the position of executive chair. The board said it's grateful for George's contribution during a challenging ...

Platinum AM reports almost $1bn in outflows

ANDREW MCKEAN  |  FRIDAY, 8 SEP 2023
... of equities Cathy Covaks, who takes on the role starting November 6. In a letter to shareholders, Magellan chair Andrew Formica said: "On behalf of the board, I sincerely thank Colette for her tremendous contribution and commitment over recent years." ...

Magellan reverts to old leadership model

KARREN VERGARA  |  FRIDAY, 18 AUG 2023
... mandate in late 2021 that led to more investors fleeing and key people such as Brett Cairns leaving. Meanwhile, Andrew Formica has been appointed non-executive chair, taking over from Hamish McLennan, who becomes deputy chair and non-executive director. ...

Andrew Formica to return to Australia

JAMIE WILLIAMSON  |  WEDNESDAY, 29 JUN 2022
Andrew Formica will step down as chief executive of Jupiter Fund Management, the role he took on after leaving Janus Henderson in late 2018. Formica has notified Jupiter's board that he intends to retire as chief executive and a director on its ...

Formica finds new CEO role

DARREN SNYDER  |  WEDNESDAY, 30 JAN 2019
Former Janus Henderson Group co-chief executive Andrew Formica is joining Jupiter Fund Management as its new leader in March. Formica will replace current Jupiter chief executive Maarten Slendebroek, who is transitioning out of his role and finishing ...
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