Article: Fetting to replace Mason as CEO at Baltimore-based Legg Mason Inc.

Baltimore-based Legg Mason Inc. ended its search for a president and CEO Monday, when it appointed company executive Mark R. Fetting to the role.

Fetting will step into the position immediately, replacing Legg Mason co-founder and CEO Raymond A. "Chip" Mason, who will stay on as non-executive chairman.

Fetting has been with the company since 2000, most recently as senior executive vice president, responsible for the company's international mutual fund unit and managed account businesses.

The appointment of Fetting comes after a 10-month search for a replacement for Mason, 71.

The company began searching for a successor in April after James Hirschmann relinquished his responsibilities as ...

Related newspaper, magazine, and journal articles:

Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!