Allianz CEO Michael Diekmann said: “Since becoming part of the Allianz Group in 2000, PIMCO has grown enormously and contributed consistently to Allianz’s success. We join our PIMCO colleagues in recognizing Bill Gross for his work over the 43 years since PIMCO’s founding. We wish Bill good luck. The management and investment structure put in place in January as well as the thorough succession planning give us complete confidence in PIMCO’s investment and executive leadership team.”
Bill Gross, Chief Investment Officer of PIMCO, leaves the company
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