Dreyfus Corp., the New York mutual fund arm of Bank of New York Mellon Corp., said Thursday that Thomas Eggers will retire March 31 as its president and chief executive officer.
Mr. Eggers, 55, started working for Dreyfus in April 1996 and has been its CEO since December 2006, when he succeeded Steven Canter.
Jon Baum, Dreyfus' vice chairman of distribution, will succeed Mr. Eggers as the CEO. J. Charles Cardona, a vice chairman for Dreyfus, will succeed Mr. Eggers as the president.
Mr. Baum, 46, joined Dreyfus in 2006. Before that he had been the chief operating officer at Scudder Investments and chief executive of its distribution company. Mr. Cardona, 52, has worked at Dreyfus for 27 years.
Before that he had worked at Bredford Trust Co. in New York. Dreyfus had $260 billion of assets under management at yearend.
