Legg Mason CEO Addresses Carey Finance Students
Legg Mason Chairman and CEO Joseph A. Sullivan visited the Johns Hopkins Carey Business School last week to meet with student, faculty and school leaders.
During his visit, Sullivan sat for a one-on-one interview with Senior Lecturer Demir Yener before an audience of MS graduate finance students. The hour-long conversation, which included a Q-and-A with the students, covered a variety of topics including particulars about Legg Mason’s history, business model, and future outlook; trends and the current future state of the global and domestic financial market; and what Sullivan and Legg Mason look for in prospective employees.
On the final point, Sullivan said Legg Mason is looking for more than just numbers-crunching analysts – although having those skills is important. He said the company values employees who possess a well-rounded skill set, which includes leadership and communication.
“To me, there is a difference between information and insight. Human beings can offer insight and judgement in a way that is different than technology can. Your ability to interpret, inform and provide insight and judgment is what will distinguish you,” Sullivan said.
Later adding: “More education is great, but we expect people to be smart and to understand how to be an analyst. The hard part is to drive insight and to inform. We are looking for leaders; we are looking for people who have capacity and can do a lot.”
Legg Mason is an asset management firm with $757 billion under management. The company is headquartered in Baltimore and employs approximately 3,400 people worldwide. Sullivan, who joined Legg Mason in 2008, has been CEO since October 2012.
Sullivan visited the Carey Business School as part of the Executives in Residence Program in which top-level executives from a variety of high-profile companies visit the school to interact with students, faculty, staff and school leaders.
Since Executives in Residence’s launch in 2014, more than 30 executives have visited Carey’s campus.