Janus Taps Putnam Exec as CFO

August 24, 200l (PLANSPONSOR.com) - Janus Capital has named Loren Starr, a former executive at rival Putnam Investments, as its new chief financial officer. The CFO position had been vacant since last September when Steven Goodbarn stepped down to pursue other interests.

Starr served as managing director and head of corporate finance at Boston-based Putnam since 1998. Previously, Starr worked as a senior vice president at investment bank Lehman Brothers and as a vice president at Morgan Stanley.

Since Goodbarn’s resignation, three other Janus executives have handled the CFO duties. Goodbarn left the firm less than a month after chief investment officer Jim Craig (see Charity Begins at Home).

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Putnam has not yet named a successor to Starr, who begins work at Janus on September 28.