F. John White said Friday that the choice of John H. Bonow to succeed him as chief executive of PFM Group “sends a good signal to the industry.”

White, 64, will become chairman at the end of the year while Bonow, 42, who manages the Pacific Northwest office, will relocate to the public finance-oriented advisory firm’s Philadelphia headquarters.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.