My apology to my blog readers for my lack of new blog the last three months. I have a good excuse in that I have been preoccupied with the sale of Russell Investment at work. We were bought by London Stock Exchange Group in November 2014, then broken up into two divisions. The Investment division (where I work) were up for resale for most of 2015. After a couple of potential buyers, yes…no… maybe… Finally we were bought by a couple of Private Equity companies from the East Coast. The transaction should close in Q2 2016.
For those wanting more detail please check out the article in the Seattle Times: “Russell Investments’ asset-management arm sold for $1.15 billion”
It had been busy the last 4-5 months as we wrapped up the sale. Not typically but I had been pulled into the sale activities. In multiple occasions I was supporting the negotiations with both LSEG (our parent companies) as well as multiple potential buyers. This was an unusual role for a CPO, but I had lots of fun and learnt a ton of interesting thing.
Just to give an introduction to a few new blogs, I spent almost a month during the summer vacationed with the family in Vietnam. I helped out a friend by introducing Lean Manufacturing best practices to Vietnamese owned companies. I also visited some beautiful cities, spoke to many interesting people and ate wonderful regional foods. I promised I will recount these insights and stories to you over the next couple of blogs.