US$605 billion asset manager names new CEO

Allspring Global Investments (Allspring) has named an asset management veteran as its new CEO, the firm said on Thursday. Effective July 1, Kate Burke will take over from Joe Sullivan, who will continue to serve as executive chair of the board, according to a statement. She will spend time at each of the firm’s office globally and has an office…

Have a confidential tip? Get in touch [email protected]