Franklin Templeton Investments has announced the appointment of Jennifer M. Johnson as president and chief executive officer. Current CEO Gregory E. Johnson will become executive chairman and continue in his role as chairman of the Company's board of directors.
Both appointments will become effective at the company's 2020 Annual Meeting of Stockholders on 11 February 2020.
As president and CEO, M. 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, E. 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 direction of the firm.
M. Johnson, president and chief operating officer, has been instrumental in developing and driving the Company's overall strategic direction. Over the past three decades, she has managed all major aspects of the business, including investment management, global distribution, customer service, fund administration, global technology, and the Company's high-net-worth business. She joined the firm in 1988 and has served in numerous roles, including as the Company's chief information officer.
She has also been responsible for driving several key acquisitions and strategic investments, as well as the development of Franklin Templeton's ETF business, launching a broad range of active, smart beta and passive ETFs globally. She has also continued to build the Company's data science capabilities and drive fintech initiatives.