10th Sep 2024 09:50
(Alliance News) - abrdn PLC on Tuesday said Interim Chief Executive Officer Jason Windsor will continue as the asset manager's permanent CEO, succeeding Stephen Bird.
The Edinburgh, Scotland-based investment company said Windsor's salary with effect from Tuesday will be GBP800,000 per annum although his appointment remains subject to regulatory approval.
Windsor left housebuilder Persimmon PLC and joined abrdn as chief financial officer in October last year. He took on his interim CEO role in May.
This followed the resignation of Stephen Bird who stepped down after four years as CEO to allow the company to pursue a "strategic repositioning" towards becoming a specialist asset manager under fresh leadership.
Chair Douglas Flint said: "I am delighted that Jason emerged from what was a very thorough process as the unanimous choice of the board to lead abrdn in its next phase. He has made a huge impression both internally and externally since he joined abrdn, particularly as someone whose actions evidence he cares deeply about our clients and customers and our people."
abrdn said a search is now underway to find a permanent replacement for Ian Jenkins, who will continue for the time being as interim CFO.
abrdn shares were down 0.3% at 147.05 pence each in London on Tuesday morning.
By Elijah Dale, Alliance News reporter
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