Co-managing partner Heyworth will then take on the role of managing partner and CEO in the first quarter of 2024.
Nutton, who has served as CEO of the firm for five years, will be retiring in the first quarter of 2024 after a 25-year career at Lansdowne.
Co-managing partner Heyworth will then take on the role, subject to regulatory approval.
Lansdowne Partners buys CRUX Asset Management
As part of the senior leadership reshuffle, the CEO of CRUX Asset Management Karen Zachary also will become chief operating officer of Lansdowne. The latter acquired CRUX AM in August last year, for an undisclosed sum.
Nutton joined Lansdowne as head of operations at the firm's inception in August 1998. She was appointed COO in 2013 and CEO and co-managing partner in 2018.
«My 25-year journey with Lansdowne has been an extraordinary privilege. Witnessing our growth from inception to our current stature fills me with immense pride,» said Nutton.
«I have complete faith in the continued success of Lansdowne under the leadership of Brian, Karen, and the wider management team.»
Lansdowne Partners completes acquisition of CRUX Asset Management
Heyworth added: «It has been an honour collaborating with Suzi over the past three years. We extend our heartfelt appreciation for her invaluable contributions to Lansdowne and offer our best wishes for her well-deserved retirement.
»I look forward to continuing to work closely with Karen, in her new role as COO."
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