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Janus' Chief Marketing Officer to Leave in April

Stuart Novek, Janus' chief marketing officer and head of retail marketing, has said that April 5 will be his last day with the firm. Novek's resignation was "simply a personal choice that he's made," according to Janus spokeswoman Shelly Peterson, who said Novek has no plans to go to another firm.

Robin Beery, Janus' VP of retail marketing, will replace Novek. Peterson said the firm expects a "seamless transition" because Berry has worked closely with Novek over the past six years.

Novek's resignation and Beery's promotion were announced internally to Janus employees in mid-February by Mark Whiston, president of the firm's retail and institutional businesses. Janus typically does not make formal announcements or release statements about personnel changes, and the firm will not in this case, Peterson said.