British asset manager Abrdn announced on Friday that CEO Stephen Bird will step down after four years in the role. Finance chief Jason Windsor will take over as interim CEO. Bird's tenure saw the company's share price decline by approximately 40% since his appointment in June 2020. Abrdn is launching a CEO succession plan.
Abrdn $ABDN CEO Stephen Bird standing down; share price down ~40% since he was appointed Jun-20 Martin Gilbert has managed to incinerate shareholders at not one, but three asset managers in one career - Aberdeen, Standard Life and AssetCo $ASTO - unique even among City grandees https://t.co/ixcJPDEPL8 https://t.co/NaAvEuw90R
Breaking news: Stephen Bird is stepping down as UK asset manager Abrdn’s chief executive after four years https://t.co/SvzgZL9Opq https://t.co/sBs30AEVTl
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British fund manager abrdn's CEO Stephen Bird to step down https://t.co/2jlsEgbEP2 https://t.co/LCpaYNfjOO
Stephen Bird, the chief executive of trouble asset manager Abrdn, steps down https://t.co/7JB7j54Rlh
Stephen Bird to step down as Abrdn chief executive https://t.co/iu2JY8t3ul
⚠️ BRITISH ASSET MANAGER ABRDN'S CEO STEPHEN BIRD TO STEP DOWN Full Story → https://t.co/5n7LqHOrz9 British asset manager Abrdn said on Friday CEO Stephen Bird will step down and finance chief Jason Windsor will take the helm on an interim basis. https://t.co/HCWaCcwrxX