Specialist funds management company, Magellan Financial Group (ASX:MFG):
[has] appoint[ed] Mr David George to the Board of the Company as well as the Board of Magellan Asset Management […] effective today with the commencement of his employment.
What’s his employment?
Mr David George commented “I am excited to join Magellan as CEO.”
Big shoes to fill!
Previously, David George was the Future Fund’s deputy chief investment officer (Australia’s Sovereign Wealth Fund).
His base salary will be $1.8 million — must be nice.