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Lansdowne CEO to Retire

Mar 04, 2013
Jing Chen

The chief executive officer of London-based Lansdowne Partners is retiring to focus on charity work and his work in the arts.

Reuters reported that Paul Ruddock, who co-founded Lansdowne in 1998, will step down from his post in June but will remain as a majority shareholder of the firm. Ruddock’s replacement was not disclosed.

The article also said that Ruddock, the chairman of London’s Victoria and Albert museum, is a major donor to the arts.

Lansdowne manages approximately $12.4 billion in assets.

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