Columbia Threadneedle, IRI Chief Executives Announce Retirements

Columbia Threadneedle Investments, the global asset management group of Ameriprise Financial, announced that William Davies, global chief investment officer, is retiring after 33 years.

Davies’ retirement will be effective on June 30, 2026.

William F. “Ted” Truscott, chief executive officer of Columbia Threadneedle, will act as interim global chief investment officer from July 1, 2026, until the appointment of a successor to Davies, providing leadership and oversight of the investment function.

Davies joined a Columbia Threadneedle predecessor firm in 1994 as a European equities portfolio manager. Over the course of his career, he has held several leadership roles at the firm, including head of European equities, global head of equities, chief investment officer EMEA and, since 2022, global chief investment officer.

“It has been a privilege to lead our team of talented and experienced investors who are dedicated to delivering consistent, competitive investment performance for our clients. We have a strong team of investment leaders in place, and I am grateful for the meaningful partnerships we have built with clients and for the confidence they have placed in Columbia Threadneedle,” said Davies.

Truscott has served as the firm’s chief investment officer for seven years, prior to his appointment as chief executive officer in 2010.