MFS Investment Management has named Robert Manning, its current CEO and CIO, to succeed Robert Pozen as chairman of the company. Pozen is set to retire at the end of the year, an announcement said today.

The Boston-based money manager made the move to replace the departing Pozen as an attempt to offer a “smooth succession for the leadership for MFS,” Manning said. Pozen will become a chairman emeritus and retire Dec. 31.

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