finance
Citadel's Chief People Officer Departs Amid Hedge Fund Talent Competition
Citadel's chief people officer has left the firm after joining in 2022 from Goldman Sachs. A spokesperson for Citadel stated appreciation for the individual's contributions and emphasized the firm's focus on attracting and developing talent. The departure occurs as hedge funds compete for professionals in areas such as technology and data science.
Apr 17, 12:47 PM·1m read1 source
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Citadel announced the departure of its chief people officer.
the chief people officer led talent acquisition and oversaw hiring across all business units.
The role also included other human resources functions, such as talent development, performance evaluation, and compensation.
Our People Team remains focused on their important work attracting top talent and developing colleagues to build unparalleled careers at Citadel,"
a Citadel spokesperson told Business Insider.
Context Hedge funds are competing for talent, particularly in technology and data science fields.
Other hedge funds have experienced turnover recently.
Hires Citadel has made five external hires focused on recruiting for its fundamental stock-picking businesses.
These hires came from firms including JPMorgan and Barclays in the last two months.
