Capital Group Management Committee changes to be effective in October
Capital Group, one of the world’s largest and most experienced active investment managers, today announced its board of directors has approved the election of leaders to new roles that will assume the management responsibilities of Tim Armour, Chairman and CEO and Rob Lovelace, Vice-Chair and President. Armour and Lovelace will both step down from Capital Group’s management committee in October of this year.
The Board of Directors has elected current Capital Group management committee members to the following new senior roles:
Mike Gitlin will become President and Chief Executive Officer (CEO) of Capital Group and Chair of Capital Group’s management...
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