In an announcement last Thursday, Calamos investments announced that the firm's President and COO would be leaving the company by September 30. The global investment management firm confirmed James Boyne's departure was pre -planned and after said date, he would retain an advisory role for the smooth transition of his roles and responsibilities to his successor.

Boyne had joined the firm back in April of 2008 and held several executive positions culminating in him being appointed as President and COO. From this position, he opted to pursue a leadership role with a non-profit organization whose goal is to better the plight of children and young adults. As a result, Boyle and his family would be moving to Steamboat Springs, CO.

According to Calamos Investments Chairman, CEO and Global co-CIO John P. Calamos Sr, "I appreciate Jim's leadership during his tenure at the firm and wish the best to him and his family."

There has been no decision yet as to the replacement for Boyne in the positions he had left. The immediate plan is to have his responsibilities assumed by other senior executives at the Calamos, including the leadership of the Executive and Operating Committees.