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Article: Legg Mason's James W. Hirschmann to Remain CEO at Western Asset Management Subsidiary.

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PR Newswire
Article date:
April 24, 2007
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BALTIMORE, April 24 /PRNewswire-FirstCall/ -- Legg Mason, Inc. announced today that James W. Hirschmann, III has decided to relinquish his responsibilities as President and Chief Operating Officer at Legg Mason, Inc. and will remain based in California as Chief Executive Officer of Western Asset Management Company, Legg Mason's global fixed income asset manager and largest subsidiary. Mr. Hirschmann said the decision was made for personal and family reasons.

Raymond A. "Chip" Mason, Legg Mason's Chairman and Chief Executive Officer, will reassume the additional responsibility of President and has committed to continue to lead the company for at least two more ...

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