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Friday, July 16, 1999 Mackenzie U.S. Head Resigns 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."
"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. Printed from: MFWire.com/story.asp?s=24328 Copyright 1999, InvestmentWires, Inc. All Rights Reserved |