- Doug SharpSenior Managing Director and Head of EMEA, to assume an expanded leadership role for the Americas and EMEA, and global responsibility for ETFs, SMAs and digital capabilities
- Stephanie BoucherChief Investment Officer, EMEA, and Tony WangGlobal Head of Fixed Income Investments, appointed Senior Managing Directors and Co-Heads of Investments
- Greg McGreeveySenior Managing Director and Head of Investments, retires
ATLANTE, February 8, 2023 /PRNewswire/ — Invesco Ltd. (NYSE: IVZ) today announced that Marty Flanaganunder whose leadership Invesco has become one of the world’s leading investment management companies, has decided to retire as President and Chief Executive Officer on June 30, 2023.
“While at Invesco, Marty’s relentless focus on understanding and meeting client needs while building a world-class investment organization has helped Invesco solidify its position as a global leader and grow its AUM of 400 billion dollars For $1.4 trillion1“said G. Richard Wagoner, Jr., chairman of the board of directors of Invesco Ltd. “Under Marty’s strong leadership, Invesco has built a fully integrated company with a comprehensive set of capabilities that allows us to meet a wide range of client needs and a well-scaled global platform that allows us to deliver a high level of service and value throughout his time at Invesco, Marty has built an inclusive and forward-looking culture that values the company’s employees and stakeholders, and has played a leadership role in national and international trade groups. Atlanta. The Board and I are extremely grateful for Marty’s many significant accomplishments during his 18 years with Invesco, which will have a lasting impact on the long-term success of the company. »
Mr. Flanagan will also leave the board of directors of Invesco Ltd. June 30, 2023. He will continue as President Emeritus until December 31, 2024advise and guide the company.
The board of directors of Invesco Ltd. is delighted to announce the appointment of Andrew SchlossbergSenior Managing Director and Head of the Americas, to succeed Mr. Flanagan as President and Chief Executive Officer of Invesco Ltd. Mr. Schlossberg will become president and chief executive officer of Invesco and a member of the board of directors of Invesco Ltd. June 30, 2023.
“Andrew has a long and solid track record of delivering a superior investment experience to clients, helping employees advance in their careers, and leading innovation and profitable expansion in the across our global business,” said Mr. Wagoner. “His leadership in the asset management industry and his extensive experience at Invesco positions him well to bring next-generation leadership to the business and deliver to all of our stakeholders.”
“I have worked alongside Andrew throughout my career at Invesco and have found him to be an exceptional leader who is dedicated to providing the best possible experience for our clients,” said Mr. Flanagan. “I am confident that Andrew and the management team will leverage our strong momentum to drive the business forward.”
“Invesco has an exceptional foundation to deliver investment excellence to our clients, innovate in our delivery and enhance the growth of our business,” added Mr. Schlossberg. “We have a full suite of in-demand investment capabilities, a strong global footprint and exceptional talent across the business. I look forward to working with the Invesco Ltd. Board, our global team and Marty to ensure strong and continued results for our customers, employees and shareholders.”
Mr. Schlossberg has worked in the asset management industry since 1996 and at Invesco Ltd. since 2001. He has held several management positions in the company’s operations and sites. Prior to his current role, he was based in Invesco’s UK office as Senior Managing Director, responsible for the EMEA region (EuropeTHE Middle East And Africa) and Chairman of the Board of Invesco UK Limited. Prior to the UK, he held the position of Head of US Retail Distribution and Global ETFs and prior to that was Director of US Marketing and Head of Global Business Development. He has also held senior positions in strategy and product development in the company’s North American Institutional and Retirement divisions.
Mr. Schlossberg is active in the financial services industry, serving on the Board of Governors and Executive Committee of the Investment Company Institute (ICI). Previously, he served on the board and advisory boards of the UK Investment Association, ICI Global, TheCityUK and the Diversity Project.
Doug SharpSenior Managing Director and Head of EMEA, will assume an expanded leadership role as Head of Americas and EMEA, and global responsibility for ETFs, SMAs and digital capabilities.
“Throughout his leadership roles at Invesco, Doug has been dedicated to significantly enhancing the customer and employee experience across various parts of our organization, most recently in our EMEA region,” said Flanagan. “We are delighted to build on his successful leadership of EMEA over the past three years, as well as his extensive experience at Invesco, to expand his responsibilities to include our Americas business, as well as the global responsibility for ETFs, SMAs and digital capabilities.
“Doug will work with André LoSenior Managing Director and Head of Asia Pacificto oversee a more global customer-facing organization with a focus on better understanding and meeting customer needs, employing both a regional and cross-regional approach,” Mr. Flanagan added. “This will allow us to leverage the breadth of skills and qualities that exist across our people, technology and capabilities and create a more tightly coupled set of links between investment, distribution, marketing and product to better focus on meeting the needs of our customers. »
Mr. Sharp has served as Senior Managing Director and Head of EMEA since 2019. He joined Invesco in 2008 from McKinsey & Co. and has held several leadership positions within the firm, including his previous position as Head of of EMEA retail. Previously, he led Invesco’s cross-border retail business and was head of business strategy and planning and administrative director for Invesco’s US institutional business.
The firm also announced that Stephanie BoucherChief Investment Officer, EMEA, and Tony Wang, Global Head of Fixed Income Investments, have been appointed Senior Managing Directors and Co-Heads of Investments. Together, Ms. Butcher and Mr. Wong will oversee the firm’s distinctive investment capabilities, building on the strength of our investment culture, processes and business support model.
“For decades, one of Invesco’s greatest strengths has been our distinct investment teams, which have the autonomy to form differentiated views in global markets,” Flanagan said. “Between Stephanie and Tony have nearly 50 years of experience leading investment teams and managing portfolios. Working with our investment leaders around the world, Stephanie and Tony will draw on our unique strengths, while advancing the collective benefits of our global investment platform to deliver exceptional investment results for our clients.”
Ms Butcher has been Chief Investment Officer of Invesco’s EMEA business since January 2020, overseeing the highly regarded Henley Investment Center, which encompasses equities, fixed income and multi-asset capabilities. She joined Invesco in 2003 from Aberdeen Asset Management as a fund manager within the firm’s European equity team.
Mr. Wong has been Global Head of Fixed Income Investments since March 2019, responsible for the investment process and performance, strategic direction and corporate oversight of Invesco Fixed Income’s global organization. Mr. Wong joined Invesco in 1996 and has held various investment positions within the fixed income organization.
Greg McGreevey, Senior Managing Director, Investments, has decided to retire from the business. Mr. McGreevey will serve as an advisor to Ms. Butcher, Mr. Wong and the Company on investment matters through March 31, 2023which will help to ensure a smooth transition of responsibilities.
“Throughout his career at Invesco, Greg has worked tirelessly to build a highly connected and client-focused investment culture that has had a significant impact on our ability to deliver superior performance and results to clients,” Mr. Flanagan said. “We thank him for his outstanding contributions to the organization, our investment teams, our clients and our entire business. We wish Greg a happy retirement.”
About Invesco Ltd.
Invesco is an independent, global investment management firm dedicated to providing an investment experience that helps people get the most out of life. Our distinct investment teams offer a full range of active, passive and alternative investment capabilities. With offices in more than 20 countries, Invesco has managed $1.4 trillion of assets on behalf of clients around the world December 31, 2022. For more information, visit invesco.com/corporate.
1 AUM data at December 31, 2022.
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SOURCE Invesco Ltd.