Helena Morrissey, chief executive of Newton Investment Management, has stepped down from the position for a new role as non-executive chairman of the board.
She will step down after 15 years as chief executive and will now serve as an adviser to Newton and represent the firm within the financial services sector. She will be succeeded by Hanneke Smits who has also been appointed to the board of directors. Prior to joining Newton, she was chief investment officer at Adams Street Partners where she had worked for 19 years. Morrissey said: "After 15 years as Newton's chief executive, I am enormously proud of the service we have provided to our clients, and to have led such a talented team. The time is now right for me to move on to the next ...
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