Ruffer names Chris Bacon as its new Chief Executive Officer

10/21/2021

The investment management firm Ruffer, chaired by Johnathan Ruffer, yesterday announced the appointment of Chris Bacon as its new CEO. Bacon replaces former chief executive Clemmie Vaughan as of next year

Photo: New Ruffer CEO, Chris Bacon has been appointed to succeed Clemmie Vaughan
Photo: New Ruffer CEO, Chris Bacon has been appointed to succeed Clemmie Vaughan

October 21, 2021 -- Ruffer, a leading investment manager with AUM in excess of £19.3bn, yesterday announced the appointment of Chris Bacon as its new chief executive, a role previously held by Clemmie Vaughan. Bacon is currently interim co-CEO, alongside Miranda Best, Ruffer's head of Investments. Bacon's appointment will take effect from January 2022.

Regarding his appointment, Chris Bacon, Chief Executive of Ruffer said: 

"Clemmie and I have worked together closely over the past four years and I am excited to have the opportunity to build on and continue the success she has achieved for the firm." 

Ms. Vaughan was quoted as saying: 

"Ruffer has been a place where many people - including myself - have realised their potential, and the future looks bright. After 16 very enjoyable years, it's been a difficult decision to move on to something different, but now is the right time for me to develop the next phase of my career beyond Ruffer."

Jonathan Ruffer, chair of the firm, said: 

"Chris is a natural captain for the high seas, and he will be leading a ship that Clemmie has readied for battle. I will miss Clemmie a great deal and am full of warmth and admiration for all she has achieved for us. Ruffer has much to thank her for, and much to look forward to in the years ahead." 

Vaughan, who joined the firm in 2005 and has served as CEO since 2017, will remain a partner at the firm until March 2022. 

About Ruffer

Ruffer has been providing investment management services for institutions, pension funds, charities, financial planners and private clients, in the UK and internationally since 1994.

Ruffer looks after investments for private clients, financial planners, institutions, pension plans and charities, in the UK and internationally. Our aim is to deliver positive returns, whatever happens in financial markets.

In all we do, we seek to be responsible investors, fully integrating environmental, social and corporate governance (ESG) issues into our investment process.