With news of Mark Fetting leaving Legg Mason [profile] immediately, many fundsters likely immediately wondered what they needed to know about his replacement.

Joe Sullivan Legg Mason Interim CEO

Essentially, who is Joe Sullivan?

Foremost, he's a Legg Mason returnee. Sullivan had worked at Legg Mason earlier in his career as well, stating in 1994. He worked at Stifel Financial Corp from 2005 to 2008, in-between his stints at Legg Mason (MFWire).

Sullivan has been head of distribution at Legg since December 2010 (MFWire). Prior to that, he had been senior executive vice president since September 2008.

One source who knows Sullivan said he had "more business management skills than your typical sales manager."

Check back for more information on the new Legg interim-CEO. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE