Trian Partners’ CEO Nelson Peltz and CIO Ed Garden will join Janus Henderson’s board as independent non-executive directors effective Wednesday (2 February).
Trian Partners beneficially owns 16.7 per cent of Janus Henderson’s outstanding common stock.
“Board refreshment remains a longstanding priority and we are pleased to welcome Nelson and Ed to our board of directors,” board of directors chairman Richard Gillingwater said.
“We look forward to benefiting from their deep industry experience, fresh perspectives, and valuable insights as we search for a new CEO and evaluate growth opportunities and expansion into new markets and products.”
In a joint statement, Mr Peltz and Mr Garden said Trian believes strongly in the future of the asset manager.
“We see numerous operating and strategic opportunities ahead and look forward to working with the Janus Henderson board and its leadership team to help Janus Henderson create significant long-term value for the benefit of all stakeholders,” they said.
The new additions follow the recent appointment of Alison David to the board which now consists of 12 members, 11 of which are independent.
Neil Griffiths
Neil is the Deputy Editor of the wealth titles, including ifa and InvestorDaily.
Neil is also the host of the ifa show podcast.