Pimco’s El-Erian Resigns, Hodge to Take CEO Role

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Jan. 21 (Bloomberg) –- Bloomberg’s Julie Hyman reports on Mohammed El-Erian resigning as head of bond-fund manager Pimco. She speaks on Bloomberg Television's "Street Smart.” (Source: Bloomberg)

News.

This is onel-erian resigning.

His resignation effective in mid-march.

It sounds like he might remain in some capacity at allianz, but that is not clear.

He was running this.

His time at harvard was book ended by his time at pimco.

Most recently, he was serving as the coo at pimco.

So, a veteran of the company.

He will be taking over as ceo.

Not clear if he will be taking over as cio of the company.

It sounds like he would just be taking on the chief executive role for now.

Can you really beat the house?

Don johnson is a blackjack

This text has been automatically generated. It may not be 100% accurate.

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