Wall Street Journal Fund Track column
, Diya Gullapalli
reports on Boston investment manager GMO
's Wednesday announcement (see
02/11/09) that it hired AllianceBernstein
veteran Marc Mayer
as CEO. Mayer will start at GMO next month, becoming the company's first ever CEO since its founding in 1977.
GMO executives said having a CEO would enable the firm's senior partners to focus exclusively on the areas they supervise directly.
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