Saturday, 27 August 2016
Last updated 21 hours ago
Mar 22 2010 | 12:28pm ET
John Howard, a top executive at hedge fund AQR Capital Management, has been named the new CFO of money manager AllianceBernstein Holding.
Howard was also appointed a senior vice president at the New York-based firm. He spent the last three years at AQR, first as CFO, and since last year, both CFO and chief operating officer.
“We are pleased to have attracted a financial professional of John Howard's caliber to become our new CFO and we welcome him to our senior leadership team,” AB CEO Peter Kraus, the former Goldman Sachs Asset Management chief who took the helm at AB at the end of 2008, said. “John's in-depth knowledge of the asset management and the sell-side industries, as well as his international experience, make him an ideal leader of our global finance efforts.”
Howard’s predecessor at AB, Robert Joseph, is retiring. He will remain at the firm in an advisory role until the end of the year.