- After dozens of candidates, a designated committee and two different recruitment firms, Pimco (OTCPK:AZSEY) is finally welcoming its new CEO, Manny Roman.
- There are high hopes, as he becomes the third man to take to the helm since the so-called Bond King Bill Gross left in 2014.
- Roman will attempt to boost profitability in a period of low interest rates and returns and kickstart morale following a series of heavy layoffs.
- Previously: Manny Roman leaving Man Group to head Pimco (Jul. 20 2016)