Stockholm (HedgeNordic) – Luke Ellis will retire from his role as Chief Executive of Man Group, one of the world’s largest active investment management firms specializing in hedge fund strategies. Man Group’s current President, Robyn Grew, will take over the CEO role from Ellis on September 1.
“It has been a privilege to be CEO of Man Group and it is easy to want to stay on forever when you are leading such a great team of people. However, I feel that now is the right time to pass the reins to the next custodian of this firm,” Ellis says in a press release on his decision to retire from the role. “Having worked with Robyn for well over a decade I could not be more thrilled at her appointment,” continues Ellis (pictured during an interview with HedgeNordic in 2017). “Robyn is truly exceptional and I know that the firm will continue to go from strength to strength under her leadership and that of the highly talented team around her.”
“I feel that now is the right time to pass the reins to the next custodian of this firm.”
“Luke has had a long and distinguished career in the City, leading several organisations before he landed at Man Group. He has been a fantastic, visionary leader, inspiring the firm to reposition itself for the future,” comments John Cryan, Chair of Man Group. “We thank him for his leadership of the firm over the past seven years and wish him the very best for his retirement,” he adds. “I know I speak for the entire Board when I say what a pleasure it is to be able to announce Robyn Grew as the next CEO of Man Group.”
Based out of the United States, Robyn Grew is currently President of Man Group and a member of the Senior Executive Committee. During her 14 years at Man Group, Robyn has managed the solutions business, overseen trading and execution, as well as acted as Group COO, Head of ESG and General Counsel. Before joining Man Group in 2009, Grew held senior positions at investment banks Barclays Capital and Lehman Brothers, as well as at LIFFE, the largest futures and options exchange in London – since renamed the ICE Futures Europe. She will relocate to the UK following her appointment but will continue to spend a substantial proportion of her time in the US given the firm’s presence there.
“Luke has been an incredible ally and mentor to me and I am excited to be able to follow in his footsteps into this new role.”
“It is an absolute honour to be taking on the role of CEO at Man Group. Luke has been an incredible ally and mentor to me and I am excited to be able to follow in his footsteps into this new role,” Robyn Grew comments on her appointment. “During more than a decade working at the firm, it has developed into a world leading, technologically brilliant, active investment firm with a fantastically collegiate culture,” she says in a press release. “I look forward to building on that to ensure the firm remains positioned at the forefront of active investing, attracting top talent and delivering for our clients and shareholders alike.”