Russell Brings Back Brennan As CEO

Jul 14 2011 | 2:24am ET

Russell Investments has named Len Brennan its new CEO, six years after Brennan left the firm.

Brennan returned to Russell on Monday and was given the top job on Tuesday, taking the helm from Andrew Doman. Doman resigned on Tuesday and was named chairman of the firm's board, taking over for Ed Zore, who will remain on Russell's board.

Brennan was head of individual investor services and CEO of Europe, the Middle East and Africa at Russell before leaving to join Rainier Investment Management as CEO in 2005 after 20 years at Russell. He'll reprise the latter role, in addition to serving as the firm's CEO, in his second go-around with Russell.

"Russell has held an important place in my life for more than 25 years, so I am deeply honored to accept the position of president and CEO, and I am fortunate to have such a strong global leadership team to work side-by-side with me," Brennan said.

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