April 20, 2004 — Janus Capital Group (JNS) said Mark Whiston is stepping down as chief executive officer, and will be succeeded by Steve Scheid, effective today.
Scheid, a former executive at Charles Schwab Corp. (SCH), will also continue as Janus’ chairman of the board.
The company noted that Whiston will remain with Janus in a “consulting capacity” until the end of the year to ensure a “smooth transition.”