Western Asset Management Company Announces Leadership Transition

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Western Asset Management Company Announces Leadership Transition

August 21, 2024 9:22 AM EDT

Michael Buchanan named Chief Investment Officer

Ken Leech on leave of absence

PASADENA, Calif.--(BUSINESS WIRE)-- Western Asset Management Company (Western Asset or the Company), a global manager of active fixed-income solutions, announced today that it has appointed Michael Buchanan to Chief Investment Officer. Mr. Buchanan had served as co-Chief Investment Officer with Ken Leech, who is on a leave of absence, effective immediately.

In line with the Companys succession plan, Mr. Buchanan has been elevated to Chief Investment Officer. Along with his responsibilities as Chief Investment Officer, Mr.... More