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Article: Legg Mason Picks a New CEO, Ending Founder's 37-Year Tenure
- Article from:
- The Washington Post
- Article date:
- January 29, 2008
- Author:
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Copyright informationThis material is published under license from the Washington Post. All inquiries regarding rights should be directed to the Washington Post. (Hide copyright information)
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Legg Mason, the money-management firm based in Baltimore,
promoted Mark Fetting to president and chief executive yesterday,
ending a drawn-out process to name a successor to Raymond "Chip"
Mason.
Mason's retirement marks the end of an era. Mason, 71, has been
at the helm since 1970, when Mason & Co., a Virginia-based broker-
dealer, merged with Legg & Co. of Baltimore to form Legg Mason.
Mason orchestrated a series of acquisitions during his 37-year
tenure, eventually expanding the business to become the second-
largest publicly traded money manager in the United States, with $1
trillion of assets under management. Although the past few years
have been bumpy for the firm, civic leaders in ...
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Article: Legg Mason cuts former Citigroup jobs, but where?
Stamford Advocate (Stamford, CT);
December 13, 2005 ;
478 words
...Byline: Peter Healy Dec. 13--Legg Mason Inc., the Baltimore-based investment...Alison Mackley, a spokeswoman for Legg Mason, said the company would not disclose...Fetting, a senior vice president at Legg Mason who heads mutual funds, said last...
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