Skip to main content

A couple of days ago, word came down that Man Group chairman Ian Livingston might call it quits, having decided that three years working with CEO Luke Ellis was perhaps not a good reason to stick around for another three years. As it happens, however, Man has just the guy to keep its nascent turnaround going.

John Cryan, the Yorkshire-born former Deutsche boss, is regarded as the favourite to replace him.

Man President Jonathan Sorrell spent the weekend digesting that little nugget, and one might be inclined to suggest that it didn’t sit well, whatever unnamed sources are telling Sky News.

Man Group will announce in a statement to the London Stock Exchange that Jonathan Sorrell, the company's president, is leaving…. Sources insisted that Mr Sorrell's departure was entirely unconnected to other potential boardroom changes at Man.

Man Group president Sorrell quits for rival asset manager [Sky News]
Sorrell departs as Man Group faces boardroom shake-up [FT]
Livingston set to quit Man Group [The Times]


(Getty Images)

Famed Turnaround Artist To Lead Man Group Back To Glory

Man Group’s Deutsche Bank cosplay may have gone a bit too far.

Is John Cryan Up To His Knees In A Sewage-Filled Basement For Nothing?

JC asks the eternal question: "Why isn't running Deutsche Bank more fun?"

By Apdency (Own work) [CC0], via Wikimedia Commons

Man Group Gives Up

The quantitative hedge fund of the past throws in the towel on the quantitative hedge funds of the future.

Man Group Wants To See Some Elbow Grease Oozing Through That Oxford Tweed

The hedge fund wants to see some strides in machine learning, AKA new ways of making money.

Congratulations, Manny Roman! Here's a Celebratory Bag of Sh*t

Manny Roman isn't having a great first day at the helm of the Man Group.


John Cryan Fully Committed To Flagellating Himself For The Next Two Years

No one else may want to be at Deutsche Bank, but the chief wants to go down with the ship.