Barclays Global Investors Announces Resignation of Vice Chairman Patricia Dunn.SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden & LONDON -- Barclays Global Investors Barclays Global Investors is a subsidiary of British-based Barclays Bank which is in the investment management industry. It is the largest corporate money manager in the world, with over £936 billion (US$1.77 trillion) under management as of March 2006[1]. (BGI BGI Barclays Global Investors BGI Bainbridge Graduate Institute BGI Bureau Gravimétrique International BGI Borland Graphic Interface (File Name Extension) BGI Bridgetown, Barbados - Grantley Adams International ) announced today that Patricia C. Dunn For other persons of the same name, see Pat Dunn. Patricia Cecile Dunn (born March 271953), aka Patricia Cecile Dunn-Jahnke, is the former non-executive chairman of the board of Hewlett-Packard Company (HP), a position she held from February 2005 until September 22, 2006, when has decided to resign in her role as non-executive Vice Chairman at the global asset management firm. She has held this part-time role since stepping down as Global CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. in July 2002 to battle cancer. "My long tenure with BGI has been transformational, as the firm has grown into the bulwark of investment management success with unusual depth of talent and capability," said Ms. Dunn. "It has been a wonderful privilege to be among those who have been leaders of this organization and to have been part of the intellectual integrity, commitment and innovation of BGI employees." "Pattie has made an enormous contribution to the success of BGI, and has been a highly positive influence on so many in the industry," said Blake Grossman Blake Grossman is the chief executive officer of Barclays Global Investors, the investment management arm of Barclays Bank, the British financial institution. , Global CEO of BGI. "Her dedication to BGI and its commitment to excellence have been a hallmark of her time here and will be missed." Barclays Global Investors is one of the world's largest asset managers1 providing structured investment strategies such as risk-controlled active strategies and indexing. In the U.S., BGI is one of the largest active managers2, set apart by its risk-controlled approach. BGI manages 65% of the world's 100 largest pension plans3 and is the global leader in assets and products in the exchange traded funds Exchange Traded Funds (ETF) Also known as ETF. A basket of stocks similar to an index mutual fund. However, there are a number of important differences between ETFs and mutual funds. through its iShares([R]) brand with more than 180 ETFs. The firm managed over $1.6 trillion in assets as of 6/30/06, for more than 2,800 clients in 52 countries around the world. BGI is owned by Barclays PLC. Notes to editors: 1976 - Dunn joins Wells Fargo Investment Advisors 1995-1998 - Dunn appointed Co-CEO & Chairman of BGI 1998 - Named sole CEO & Chairman of BGI 2002 - Steps down as Global CEO; assumes non-executive role of Vice Chairman 2006 - Resigns as Vice Chairman of BGI 1 Source: "P&I/Watson Wyatt World 500," Pensions & Investments, September 4, 2006. 2 Source: "Special Reports: Money Manager Directory," Pensions & Investments, May 29, 2006. 3 Source: "P&I/Watson Wyatt World 300: Largest Pension Funds," Pensions & Investments, September 18, 2006. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion