PIMCO official release on the departure of Bill Gross
PIMCO CIO William H. Gross to leave the firm effective immediately.
PIMCO CIO William H. Gross to leave the firm effective immediately.
PIMCO has appointed Eric J. Mogelof as Head of Asia Pacific.
PIMCO has hired Paul McCulley as a Managing Director and the firm’s Chief Economist, a new role for the firm.
Pimco Chief Executive Douglas Hodge said the resignation of his predecessor Mohamed El-Erian caught everybody by surprise but an internal succession plan enabled the bond fund manager to distribute his tasks swiftly.
PIMCO has announced that Chief Executive Officer and Co-Chief Investment Officer Mohamed A. El-Erian has decided to step down from his role and leave the firm in mid-March.