Cohen & Steers Appoints Jon Cheigh as President
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Rhea-AI Summary
Cohen & Steers (NYSE: CNS) has appointed Jon Cheigh as President, effective January 1, 2025, while maintaining his role as Chief Investment Officer. Cheigh, who joined the firm in 2005 as a research analyst, progressed through various roles including portfolio manager in 2008, Head of Global Real Estate in 2012, and Chief Investment Officer in 2019.
The appointment reflects Cheigh's successful leadership and mentoring abilities, and aligns with the firm's strategy for investment professional leadership. CEO Joseph Harvey praised Cheigh's transformative role in the real estate team and investment department, highlighting his consistent delivery of alpha and cultivation of a culture focused on creativity, innovation, teamwork, and excellence.
Positive
- Appointment ensures leadership continuity with an experienced internal candidate
- Cheigh's track record includes consistent alpha generation
- Dual role as President and CIO maintains investment focus while expanding leadership
Negative
- None.
Details
News Market Reaction – CNS
The recorded move for CNS in the trading session of this news was -1.30%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Mr. Cheigh joined Cohen & Steers in 2005 as a research analyst on the
Joseph Harvey, Chief Executive Officer, said:
"We were fortunate to recruit Jon 20 years ago. Over the years, Jon has played a transformative role in our real estate team and investment department, having consistently delivered alpha and instituted a culture of creativity, innovation, teamwork and excellence. Jon's appointment as President not only acknowledges his significant impact but also sets the stage for the next generation of leadership to ensure the continued success and growth of our firm."
Jon Cheigh, Chief Investment Officer, said:
"While I will continue to focus on coaching investment teams and elevating our industry leading investment performance, I look forward to working with Joe and the Executive Committee to drive the strategic growth of the firm. I would like to thank Joe, Bob Steers and Marty Cohen for their many years of mentorship."
About Cohen & Steers. Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. Founded in 1986, the firm is headquartered in
Website: https://www.cohenandsteers.com
View original content:https://www.prnewswire.com/news-releases/cohen--steers-appoints-jon-cheigh-as-president-302333732.html
SOURCE Cohen & Steers, Inc.
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