Richard Weil '89 Named New CEO of Janus Capital Group, Inc

Janus Capital Group, Inc. has hired Richard Weil as chief executive officer, effective Feb. 1. He also will become a member of the board of directors.

Weil spent the past 13 years with Newport Beach, Calif.-based PIMCO (Pacific Investment Management Co.), most recently serving as global head of PIMCO Advisory, a member of PIMCO's executive committee, and a member of the board of trustees of the PIMCO Funds. He was PIMCO's COO between 2000 and 2009.

Before joining PIMCO in 1996, Weil was with Bankers Trust Global Asset Management and Simpson Thacher & Bartlett LLP in New York. He has a law degree from the University of Chicago Law School and a bachelor's degree in economics from Duke University.