Spencer’s Family Office Names CEO After 260% Gain on Insurer Bet
- ICAP veteran Seth Johnson has joined Spencer’s family office
- His hiring came after two IPGL chief executives left last year
This article is for subscribers only.
Billionaire Michael Spencer, who built his fortune leading the broker-dealer ICAP Plc, hired a former executive from the finance firm to help oversee his personal wealth.
Seth Johnson, 55, in recent weeks became chief executive officer of Spencer’s family office IPGL, according to a spokesman for the firm. His appointment makes him IPGL’s third CEO since the start of 2023 after the departures of Ion Bogdaneris and Samantha Wren last year.