Canada’s $373 Billion Fund Chooses Safety After CEO Resigns
Bloomberg 3/1/2021 Paula Sambo and Kevin Orland
(Bloomberg) Mark Machin’s big mistake got him drummed out of Canada’s national pension manager in a matter of hours. It’s a turn of events that puts the fund in the hands of a former industrial scientist who has made few waves in the world of finance.
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John Graham was promoted to chief executive officer of the Canada Pension Plan Investment Board on Friday, putting him in charge of a $373 billion global portfolio that includes everything from Britain’s Southampton port to Germany’s Axel Springer media empire to the Petco retail chain.
John Graham, the new CPPIB CEO, already had successful career as a research scientist before joining pension fund
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Canadian pension fund head quits after trip to UAE for COVID-19 shot
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