lol wtf is happening at Surveyor, I swear Ken guts this business every 3 years like clockwork:
“More than a half-dozen portfolio managers and even more analysts have departed since Phillip Lee took Surveyor's reins in May, according to people familiar with the matter. The restructuring included cutting several teams, hiring new ones and asking some employees to relocate.
The departures in the stock-picking unit follow others from earlier this year. At least 13 of Surveyor's roughly 27 portfolio managers, who run their own trading pods, have exited since January. In turn, the unit hired 10 new portfolio managers, with most joining after Mr. Lee took over.”
sounds like business as usual, seems like a non story
Isn’t that par for the course at citadel ?
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