- 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.
