Janus Henderson's Formica and Wagstaff to depart as Weil named sole CEO

End of co-CEO structure

Andrew Formica and Phil Wagstaff of Janus Henderson Investors — Andrew Formica (left) and Phil Wagstaff are set to depart Janus Henderson

Investment Week
01 August 2018

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Janus Henderson has announced co-CEO Andrew Formica and global head of distribution Phil Wagstaff are to leave the business, as co-CEO Dick Weil is named single head of the asset manager.

Formica, who previously headed Henderson for ten years, and former head of Janus Weil have been co-CEOs of the joint group since the merger completed in May 2017. When the deal was originally announced...

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