Michael Strohm announced he'll retire from his position of COO at Waddell & Reed Financial Inc. and CEO of Waddell & Reed Inc. effective May 15.
Strohm has been with Overland Park-based Waddell & Reed (NYSE: WDR) for 42 years, spending his entire career with the firm. Strohm graduated from Rockhurst University in 1972.
The company said in a filing with the Securities and Exchange Commission that it intends to transition Strohm's responsibilities to existing officers at that company.
Waddell &…
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