Our management team

Joseph A. Sullivan

Chairman & Chief Executive Officer

Mr. Sullivan has served as Chairman and CEO since 2012, after serving as Head of Global Distribution and CEO.

Peter H. Nachtwey

Chief Financial Officer

Mr. Nachtwey joined Legg Mason as Chief Financial Officer and a member of the firm's Executive Committee in 2011.

Terence Johnson

Head of Global Distribution

Mr. Johnson joined Legg Mason in 2005. In April, 2013, Terry was appointed Head of Global Distribution at Legg Mason.

Thomas Merchant

General Counsel

Mr. Merchant was promoted to General Counsel in April, 2013; he has worked at Legg Mason for over 15 years.

Thomas K. Hoops

Head of Business Development

Mr. Hoops joined Legg Mason as Head of Business Development and a member of the firm’s Executive Committee in January 2014.

Ursula Schliessler

Chief Administrative Officer

Ms. Schliessler was appointed CAO in April 2015, and she has been in senior roles with Legg Mason for nearly 27 years.


Governance involves carefully protecting interests, creating value, achieving objectives, monitoring risk, optimizing performance and providing accountability.

All investments involve risk, including loss of principal. Past performance is no guarantee of future results. Please see each product’s webpage for specific details regarding investment objective, risks associated with hedge funds, alternative investments and other risks, performance and other important information. Review this information carefully before you make any investment decision.