Legg Mason Names Murphy and Myers to Board After Retirements

Legg Mason Inc. (LM) named John Murphy and John Myers to its board to fill seats vacated by two members who will retire next month.

Murphy previously served as chairman of the mutual-fund industry’s trade group Investment Company Institute and as chairman and chief executive officer of OppenheimerFunds Inc. Myers retired as president and chief executive officer of GE Asset Management in 2006. They will replace Dennis Beresford and Nicholas St. George, who plan to retire in July, according to a statement today from the Baltimore-based money manager.

To contact the reporter on this story: Alexis Leondis in New York at aleondis@bloomberg.net

To contact the editor responsible for this story: Christian Baumgaertel at cbaumgaertel@bloomberg.net

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