4 more senior staffers have exited Guggenheim Partners amid ongoing internal strife
Reuters / Susana Vera
This adds to a wave of recent exits, as 10 other senior staffers had already left the company in the past 15 months amid a reported power struggle between the firm's two top executives.
The Bloomberg report said the latest round of departures includes: Andrew Arthur, a managing director in sales; Luke Lawrence, a junk-bond trader; Matt Bagley, a distressed-debt trader who decamped for Jefferies, and Eric Gould, a senior portfolio manager for Guggenheim Investments.
The Financial Times recently reported that Mark Walter, the founder and chief executive officer of Guggenheim, has been at odds with Scott Minerd, the chief investment officer and face of the firm, over recent changes to the institutional distribution unit, a division of the firm that serves as a go-between for Guggenheim's money managers and its major investors.
Guggenheim has denied the discord.
NOW WATCH: Netflix is an emerging juggernaut
- Don't try this at home! Chandigarh man cooks up ‘diesel paratha’, goes viral for all the wrong reasons
- Cannes 2024: India returns to Palme d'Or stage after 30 years! Aishwarya, Kiara set to steal the spotlight
- Google I/O event today – how to watch and what to expect
- Gold rate today: Latest gold rates in Mumbai, Delhi, Kolkata, Bengaluru, Chennai and other Indian cities
- Tabu to work in Hollywood again, bags pivotal role in international series 'Dune: Prophecy'
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market