Janus Capital Group appointed two independent directors to its board. To make room on the board, Helen Young Hayes, whose term expires in May, will step down, the company said. She was a managing director of investments and managed Janus' international stock funds before she resigned last April.

Michael D. Bills, the founder of Bluestem Asset Management, and Deborah R. Gatzek, a former member of the executive committee at the mutual fund firm Franklin Resources, were added to the Janus board.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.