Invesco Names Andrew Schlossberg As New CEO, Succeeding Marty Flanagan

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Investment management giant Invesco Ltd. (IVZ) has made a significant leadership change, tapping Andrew Schlossberg to take the helm as Chief Executive Officer starting June 30, 2024. Schlossberg, who currently serves as Senior Managing Director and Head of the Americas at the firm, will replace Marty Flanagan in the top role.

Leadership Transition at Invesco

The transition marks a planned succession at one of the world’s largest asset managers. Flanagan, who will step down as CEO on June 30, will remain with the company through the end of 2024 in an advisory capacity as Chairman Emeritus, ensuring a smooth handover of responsibilities. This measured approach reflects the importance Invesco places on continuity during executive transitions.

Andrew Schlossberg’s Background and Career Path

Andrew Schlossberg brings substantial experience to the role, having worked in the asset management industry since 1996 and at Invesco specifically since 2001. His tenure of more than two decades positions him well to guide the firm’s strategic direction. Having already proven himself as a key executive leading Invesco’s Americas operations, Schlossberg’s appointment represents a promotion of internal talent who understands the company’s culture and business model deeply.

The move signals Invesco’s confidence in developing leadership from within, with Andrew Schlossberg ascending through the ranks to claim the top executive position. His appointment comes as the asset management sector continues to evolve in response to changing market dynamics and investor preferences.


Information sourced from RTTNews

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