El-Erian Resigns As PIMCO Chief, Leaves Bill Gross Again

PIMCO CEO Mohamed El-Erian is resigning from his post effective mid-March and will be replaced by COO Douglas Hodge. PIMCO founder Bill Gross, however, is staying put.

http://www.forbes.com/sites/maggiemcgrath/2014/01/21/pimco-chief-el-erian-announces-resignation/

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