Janus Capital Group COO to Step Down

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17 March 2008 @ 06:22 pm EST

NEW YORK (AP) - The chief operating officer of Janus Capital Group Inc. plans to resign from the mutual fund manager, according to a Securities and Exchange Commission filing Monday.

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Executive Vice President and COO Andrew J. Iseman plans to step down from the company effective April 3. Janus did not disclose the reason for his departure and a company representative was not immediately available for comment.

According to the company Web site, Iseman is also president and chief executive of Janus Funds. He joined the company in 2002.

Janus shares fell 16 cents to $22.77 on Monday.

Copyright 2008 The Associated Press. All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.

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