Legg Mason Inc. (LM:US) named John Murphy and John Myers to its board to fill seats vacated by two members who will retire next month.
Murphy previously served as chairman of the mutual-fund industry’s trade group Investment Company Institute and as chairman and chief executive officer of OppenheimerFunds Inc. Myers retired as president and chief executive officer of GE Asset Management in 2006. They will replace Dennis Beresford and Nicholas St. George, who plan to retire in July, according to a statement today from the Baltimore-based money manager.
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