Johnson has agreed to stay on until 30 May 2016 while the board is looking for a new CFO. As a consequence of several recent promotions at Jupiter the CFO’s role has narrowed, and the board agreed with Johnson that he will step down from his role.
The promotions to Jupiter’s executive committee include those responsible for fund operations, HR and investment operations and follows the appointment of a new global head of distribution and a new CIO earlier this year. Maarten Slendebroek, CEO of Jupiter, said: “Jupiter is a growing business and as such, now needs the key functions of fund operations, HR and investment operations represented directly on the executive committee.”
Johnson joined Jupiter in 2009 and played a key role in the firm’s IPO.