Columbia Threadneedle Announces Fixed Income Leadership Transition
Columbia Threadneedle Investments announces Gene Tannuzzo will succeed Colin Lundgren as Global Head of Fixed Income, effective March 1, 2021, due to Lundgren's planned retirement. Lundgren will assist in the transition throughout 2021 after a notable 34-year career with the company. Tannuzzo, who has been with the organization since 2003, has served as Deputy Global Head of Fixed Income since 2018. The firm, managing over $186 billion in fixed income assets, continues to uphold its investment processes amid this leadership change.
- Gene Tannuzzo's appointment may bring fresh perspectives and leadership to the fixed income sector.
- Lundgren's extended tenure during the transition period ensures continuity and stability.
- Concerns may arise regarding the continuity of leadership and potential experience gaps with Tannuzzo stepping into a more prominent role.
BOSTON--(BUSINESS WIRE)--Columbia Threadneedle Investments today announced that, as part of a planned retirement and related transition, Gene Tannuzzo, Deputy Global Head of Fixed Income, will succeed Colin Lundgren as Global Head of Fixed Income, effective March 1, 2021. Mr. Lundgren will remain with the firm through 2021 to help further ensure a smooth transition before retiring after a distinguished 34-year career with Columbia Threadneedle.
Mr. Lundgren joined a predecessor firm to Columbia Threadneedle in 1986 and served as Head of U.S. Fixed Income and Deputy Global Head of Fixed Income before assuming his current role in 2017. Mr. Tannuzzo joined the organization in 2003 and has served as Deputy Global Head of Fixed Income since 2018. In addition to their leadership responsibilities, Messrs. Tannuzzo and Lundgren manage, along with senior portfolio manager Jason Callan, the firm’s suite of multi-sector fixed income strategies. The appropriate transition of Mr. Lundgren’s portfolio management responsibilities will be determined prior to his retirement, but there is no change to the investment process that underpins these strategies. On assuming his new role, Mr. Tannuzzo will report to Colin Moore, Global Chief Investment Officer.
Mr. Moore said: “We are pleased to be in a position to elevate Gene to this important role and believe his leadership and investment skills will serve our clients and our fixed income business well. In addition to Gene’s investment acumen, he is an excellent leader and a valued colleague.
“I also want to recognize and thank Colin for his outstanding contributions to the firm over an exemplary 34-year career. His leadership, collegiality and good humor have been instrumental in building a leading fixed income franchise and our strong culture. We wish him the very best.”
Columbia Threadneedle’s team of 146 fixed income professionals globally manages over
About Columbia Threadneedle Investments:
Columbia Threadneedle Investments is a leading global asset manager that provides a broad range of investment strategies and solutions for individual, institutional and corporate clients around the world. With more than 2,000 people, including over 450 investment professionals based in North America, Europe and Asia, we manage
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Columbia Threadneedle Investments (Columbia Threadneedle) is the global brand name of the Columbia and Threadneedle group of companies.
1 As of June 30, 2020. Includes all assets managed by entities in the Columbia and Threadneedle group of companies.
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