Doug Sieg
Managing Partner of Lord, Abbett & Co.
“Leadership is about people. There's always bad news coming over the transom when you're at the top, but you have to realize everybody's looking to see how you're going to react, and the tone you're going to set.”
Summary
CEO Doug Sieg sits down with host Alan Fleischmann to discuss his journey from college quarterback to an industry leader in asset management, and what he’s learned about being a leader along the way.
In this wide ranging conversation, Doug discusses the leadership skills he cultivated in football, as well as his approach to learning from colleagues and superiors in his 27-year career at Lord, Abbett and Co. He also shares some team-building activities he led for his employees, including a company-wide leadership development program.
Mentions & Resources in this Episode
Guest Bio
Doug Sieg is the Managing Partner of Lord, Abbett & Co. LLC and serves as President and Chief Executive Officer of the Lord Abbett Family of Funds. As the 10th Managing Partner in Lord Abbett’s history, Mr. Sieg is responsible for leading the firm. In this role, he oversees the firm’s efforts in drawing on the strength of its people, delivering relevant and superior investment strategies, cultivating meaningful relationships, and ensuring organizational stability.
During his 24-year career at Lord Abbett, Mr. Sieg has worked with virtually every area of the organization, including distribution, investments, human capital management, finance, digital, and corporate services. Prior to assuming his role as Managing Partner, he was in charge of client services, where he led a successful international expansion of the organization. He has worked in the financial services industry since 1992.
He earned a BS in business from The Pennsylvania State University and is on the board of Kent Place School, which has provided a superior education to young women from diverse backgrounds for more than 100 years.
Follow Doug Sieg on Linkedin.
Clips from this Episode
On Lord Abbett's approach to leading it's employees, during the COVID-19 Pandemic
On the client-first attitude that has inspired Lord Abbett to remain a private company
On lord abbett's dedication to prioritizing quality over quantity
On How Lord Abbett carried on, when the COVID Pandemic hit & it's more recent reopening attitudes
On Lord Abbett's "client first, firm second & team third" attitude, which continued during COVID