Pacific Investment Management Co. named four additional deputy
chief investment officers and a new senior generalist portfolio
manager, shortly after Chief Executive Mohamed El-Erian announced
his retirement.
The firm said earlier this month that it is reorganizing its
leadership structure, with CEO and Co-CIO Mr. El-Erian leaving
Pimco in mid-March.
Pimco named the following as new deputy chief investment
officers: Mark Kiesel, a managing director in the Newport Beach
office and global head of the corporate bond portfolio management
group; Virginie Maisonneuve, London's managing director and global
head of equities; Scott Mather, a Newport Beach managing director
and head of global portfolio management; and Mihir Worah, another
Newport Beach managing director and head of the real return
portfolio management team.
The company also appointed former employee Sudi Mariappa as
managing director and generalist portfolio manager in Newport
Beach.
Managing director and equities portfolio manager Charles Lahr
will leave the firm to pursue other opportunities, Pimco said. Marc
Seidner, managing director and portfolio manager, also stepped down
to take a job in Boston.
Pimco is a unit of Allianz SE (ALV.XE) and operates the world's
largest bond fund, Pimco Total Return.
Write to Everdeen Mason at everdeen.mason@wsj.com
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