Legg Mason (LM) Appoints Joseph Sullivan Pres/CEO

February 13, 2013 7:07 AM EST
The Board of Directors of Legg Mason, Inc. (NYSE: LM) appointed Joseph A. Sullivan President and Chief Executive Officer and a member of the Board of Directors, effective immediately. In addition, it announced that Dennis M. Kass, a veteran leader in the asset management industry, will join the Legg Mason Board, effective April 1, 2013.

Since October 1, 2012, Mr. Sullivan has served as Legg Mason's Interim Chief Executive Officer. He joined Legg Mason in 2008 as Senior Executive Vice President and Chief Administrative Officer and more recently, served as Head of Global Distribution.

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