John Canning has stepped down from his post of CEO at Madison Dearborn Partners, new owner of Nuveen Investments. The Chicago Sun-Times
reports that Canning, 63, will remain as chairman of the board. Succeeding Canning at the CEO position are Paul Finnegan and Samuel Mencoff who will reign as co-CEOs. Finnegan and Mencoff have been with the firm since its founding in 1992.
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