The San Diego-headquartered firm has announced a C-suite leadership change.

Global asset manager, Brandes Investment Partners has announced that Oliver Murray (pictured), managing director of portfolio management and client services, will become its new chief executive officer in May.

Murray will succeed Brent Woods, the firm’s CEO since 2013. Murray, who joined the company in 2002, is responsible for its client service and business development efforts globally, Brandes Investment Partners said in a statement. Among his achievements, Murray led the opening of the firm’s Canadian mutual fund business Bridgehouse Asset Managers in 2002, the opening of the firm’s Singapore affiliate Brandes Asia in 2012, and the launch of three exchange-traded funds in 2023. 

Woods, who joined Brandes in 1995, is being appointed president of the firm’s general partner, and will play a support role for the firm. He will also continue to serve on its international large-cap investment committee and investment oversight committee, the firm continued. Prior to becoming CEO, Woods was managing director of the investments division. 

“We are confident that this action will ensure the continuity of our strategy and client-service culture, and will position us well as we adapt to new challenges and opportunities in a dynamic investment marketplace,” the firm’s general partner said in a statement.

Headquartered in San Diego (pictured below) Brandes and its related entities have offices in Milwaukee, Toronto, Dublin, and Singapore, with $23.6 billion in assets under management.