- Company: Abrdn, UK asset management firm.
- CEO Departure: Stephen Bird is stepping down as group CEO after four years.
- Announcement: Made following strategic repositioning of the company.
- Interim CEO: Jason Windsor, group CFO since October last year, will step in as interim group CEO.
- Transition Period:
- Bird will work with Windsor until 30 June for a smooth handover.
- Bird on garden leave from 1 July.
- Official end of employment on 31 December.
- Tenure Highlights:
- Led the company through challenging industry times.
- Implemented a “transformation programme” to streamline operations and reduce costs in January 2024.
- Successfully led the £1.49 billion takeover of Interactive Investor in December 2021.
- Bird’s Statement: Expressed privilege in leading the firm, highlighting achievements in revenue diversification, strong capital position, and refreshed leadership team ready to realize Abrdn’s potential.
Stephen Bird to exit Abrdn after four years as group CEO
