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Tuesday, January 22, 2013

Baum Says Adios

News summary by MFWire's editors

Jonathan Baum has left Dreyfus [profile], so they say, to “pursue other opportunities.”

The Wall Street Journal reports that Baum, chairman and chief executive of Bank of New York Mellon Corp.'s mutual-fund unit, has left the firm. The executive, 51 years old, has worked at Dreyfus Corp. since March 2006 and has overseen its $385 billion in mutual funds and separately managed accounts since February 2008.

Talking to the WSJ, a BNY Mellon spokesperson confirmed Baum's departure.

Read more in the Wall Street Journal.  

Edited by: Tommy Fernandez


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