Mackenzie Investment Management Inc. of Boca Raton, Florida, a majority-owned subsidiary of
Mackenzie Financial Corporation of Toronto, Ontario, announced that, effective immediately,
Michael Landry has resigned as president and chief executive officer and as a director, "to pursue other interests."
Keith Carlson, previously the executive vice-president and chief operating officer will take over Landry's position.
"We are grateful to Michael for his untiring efforts in building our business franchise in the United States during the past 12 years," said
James Hunter, president and chief executive officer of Mackenzie Financial. "In Mackenzie Investment, we now have a publicly-traded mutual fund organization which manages over $7 billion (Cdn.) for investors in the United States and Canada - one well positioned for the next stage of its growth, under Keith Carlson and his management team."
Mackenzie Investment and its subsidiaries manage and distribute 19 mutual funds in the United States under the
Ivy Funds brand and provide sub-advisory services to eight of Mackenzie Financial's
Universal Funds in Canada.  
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