Capital Group reveals new CEO as part of senior leadership transition

Effective from October

Elliot Gulliver-Needham
clock • 2 min read

Capital Group has appointed a new senior leadership team, with the roles of CEO, president, chair, CIO and vice chair of the company all filled, Investment Week can reveal.

Following the departure of Tim Armour, chair and CEO, and Rob Lovelace, vice chair and president, the firm's board of directors has today (26 January) approved the election of new management. Mike Gitlin will become president and CEO, as well as chair of the firm's management committee. He has been head of fixed income at the firm for eight years, and was previously head of fixed income and global head of trading at T Rowe Price. Martin Romo will become chair and CIO and Jody Jonsson will become vice chair, while continuing her role as president of Capital Research Management Company ...

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