Abrdn CEO Stephen Bird Steps Down After Strategic Overhaul
Finance chief Jason Windsor to serve as interim CEO as the company seeks a permanent successor.
- Stephen Bird leaves Abrdn after nearly four years as CEO, following a major rebranding and strategic repositioning.
- Bird led the company through a controversial name change and significant cost-cutting measures, including 500 job cuts.
- Under Bird's leadership, Abrdn acquired interactive investor and expanded into mass-market investing.
- Despite challenges, Abrdn reduced its pre-tax losses significantly, from £612 million to £6 million.
- The search for a new CEO begins as the company aims to continue its transformation and growth.