Perpetual Limited (AU:PPT) has released an update.
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Perpetual Limited is restructuring its Asset Management business with a new global leadership structure aimed at improving efficiency and establishing it as a standalone entity. Key executive changes include Craig Squires transitioning to Executive, Transitional Services, and James MacNevin stepping in as Chief Operating Officer. This strategic shift follows Perpetual’s recent acquisition by KKR, focusing on enhancing agility and decision-making in the global asset management arena.
For further insights into AU:PPT stock, check out TipRanks’ Stock Analysis page.