GMO Names New CEO

Boston-based Grantham Mayo Van Otterloo has appointed Brad Hilsabeck as CEO.

Boston-based Grantham Mayo Van Otterloo (GMO) has appointed Brad Hilsabeck as CEO, Bloomberg reports. He will succeed Marc Mayer, who is leaving to pursue other interests. Hilsabeck has been working with the money management firm since 2003 and most recently served as head of global client relations. He will also replace Mayer as a member of GMO’s board of directors, adds Pensions & Investments.

Click here for the story from Bloomberg.

Click here for additional coverage from Pensions & Investments.