Jerome Dodson, the founder of Parnassus Investments and a titan of sustainable investing, is stepping back at the firm he founded.
Dodson, who is 77, is leaving the Parnassus Endeavor Fund (ticker: PARWX) and the funds’ board of trustees effective Dec. 31, the investment management company said on Nov. 10. While he will no longer be managing money for the firm, Dodson will remain chairman of the board. He owns more than 60% of Parnassus Investments.
Co-manager…
