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Stock impact report

Franklin Resources, Inc. Appoints Jennifer M. Johnson as President and CEO, Gregory E. Johnson Named Executive Chairman and Continues as Chairman of the Board

Franklin Resources, Inc. (BEN) 
Last franklin resources, inc. earnings: 4/30 08:30 am Check Earnings Report
Company Research Source: GlobeNewswire
SAN MATEO, Calif., Nov. 21, 2019 (GLOBE NEWSWIRE) -- Franklin Resources, Inc. (the “Company”) (NYSE: BEN) today announced the appointment of Jennifer M. Johnson as president and chief executive officer. Current CEO Gregory E. Johnson will become executive chairman of Franklin Resources, Inc. and continue in his role as chairman of the Company’s board of directors. The CEO appointment was approved by the Company’s board of directors, and both appointments will become effective at the Company’s 2020 Annual Meeting of Stockholders on February 11, 2020. As president and CEO, Ms. Johnson will be responsible for the operation of all aspects of the business, and she will set long-range strategic objectives and drive corporate priorities. As executive chairman, Mr. Johnson will continue to play an active role within the organization, represent the Company with key stakeholders, consult on significant decisions such as merger and acquisition opportunities, and advise on the strategic direct Show less Read more
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