Duane Green will become president and chief executive officer of Franklin Templeton Investments Corp. upon the retirement of Don Reed on Jan. 31, 2017.
In addition to the new titles, Green will continue as managing director for Canada. He has been in a number of different roles at Franklin Templeton since 2004, including vice-president of strategic alliances and head of institutional for Canada.
Reed has been with Franklin Templeton Investments for 27 years. According to a press release from the company, he’ll also transition out of his director and chair roles for the company entity boards on which he serves He will, however, remain on the Templeton Growth Fund Ltd. and Franklin Templeton Corporate Class Ltd. fund boards after Jan. 31, 2017, transitioning to a non-executive chair role.