This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Invesco Ltd. Elects Ben F. Johnson III To Serve As Board Chairman

Stocks in this article: IVZ

ATLANTA, March 6, 2014 /PRNewswire/ -- Invesco Ltd. (NYSE: IVZ) today announced that its Board of Directors has elected Ben F. Johnson III to serve as Chairman.  Mr. Johnson, 70, has been a member of the Board since 2009.  He will become Chairman upon the conclusion of the company's Annual General Meeting (AGM), scheduled for May 15.  Rex D. Adams, who has been a member of the Board since 2001 and Chairman since 2006, will retire from the Board effective with the conclusion of the AGM.

Invesco Ltd. logo.

"Invesco shareholders have greatly benefited from the advice and wise counsel of Ben Johnson since he joined the Board in 2009," said Martin L. Flanagan, President and Chief Executive Officer.  "We believe Ben's insights and perspective will be invaluable as we work to further enhance our ability to deliver investment excellence to our clients across the globe.

"The Board and I want to personally extend our gratitude to Rex for his service as Chairman of our Board," Mr. Flanagan continued. "We are grateful for his many contributions through a period of tremendous growth for our firm, and are confident that our company has benefited from his wisdom, energetic commitment and unfailing integrity."

Sir John Banham, who has served as a Director of our company since 1999 and as Chairman of the Compensation Committee since January 2007, will also retire from the Board upon the conclusion of the company's upcoming AGM.

"The Board and I want to thank Sir John for his significant contributions and dedicated service over the years," Mr. Flanagan added.  "He has been a valued member of the Board and we wish him the best."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,164.95 -251.90 -1.45%
S&P 500 1,994.99 -26.26 -1.30%
NASDAQ 4,635.24 -48.1670 -1.03%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs