Hyperscale Data reduces debt by $30 million for AI, bitcoin expansion
SAN MATEO, Calif. - Franklin Resources, Inc. (NYSE:BEN), operating as Franklin Templeton, announced Monday the appointment of Daniel Gamba as Chief Commercial Officer, effective October 15, 2025. Gamba will oversee global sales, marketing and product strategy, reporting directly to CEO Jenny Johnson. The appointment comes as the $12.96 billion market cap company shows strong momentum, with its stock price up nearly 27% over the past six months.
The company also revealed that Gamba, along with Terrence Murphy, Head of Public Market Investments, and Matthew Nicholls, Chief Financial and Operating Officer, will become Co-Presidents on the same date. The three executives will collaborate with Johnson and the board on executing the firm’s long-term strategic plans. According to InvestingPro analysis, five analysts have recently revised their earnings expectations upward for the upcoming period, suggesting confidence in the company’s strategic direction.
Gamba joins Franklin Templeton from Northern Trust, where he served as President of its $1.3 trillion asset management business. Prior to that role, he spent over two decades at BlackRock in various leadership positions across investments, research, distribution and product teams.
"Daniel is a widely respected industry leader and brings extensive experience, which includes work across various geographies and asset classes, including public and private markets," said Johnson in the press release.
Gamba succeeds Adam Spector, who has taken the position of CEO at Fiduciary Trust International. He will be based in New York City and join the company’s Executive Committee.
A native of Peru, Gamba holds a bachelor’s degree in industrial engineering from Catholic University in Peru and an MBA from Northwestern University’s Kellogg School of Management. He is a CFA charter holder and previously served as Chair of the Board of Governors of the CFA Institute.
Franklin Templeton manages approximately $1.64 trillion in assets as of August 31, 2025, according to the company statement. The firm maintains a strong financial position with a FAIR overall health score and has consistently rewarded shareholders, maintaining dividend payments for 45 consecutive years. InvestingPro analysis indicates the stock is currently undervalued, with additional insights available in the comprehensive Pro Research Report, which covers over 1,400 US stocks.
In other recent news, Franklin Resources reported its third-quarter earnings for 2025, surpassing analysts’ expectations with an earnings per share (EPS) of $0.49, slightly above the forecast of $0.48. The company also reported revenue of $2.06 billion, significantly exceeding the anticipated $1.59 billion, marking a 29.56% revenue surprise. Meanwhile, TD Cowen has identified Affiliated Managers Group, Carlyle Group, and MarketAxess as its top stock picks after reviewing second-quarter earnings. The firm notes that Affiliated Managers Group is structurally undervalued with improving flows and a strong balance sheet. For Carlyle Group, TD Cowen highlights strong execution and conservative 2025 fee-related earnings guidance as positive factors. These recent developments provide investors with insights into the financial performance and strategic positioning of these companies.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.