Here's your summary from Stephen Bird Steps Down as Abrdn CEO (https://www.youtube.com/watch?v=761Xw8xUznU) on the Bloomberg Television channel:
**TLDR:** Stephen Bird steps down as Abrdn CEO after facing challenges in the asset management industry, with CFO James Windsor likely to take over as interim CEO.
1. Stephen Bird faced difficulties in leading Aberdeen due to industry-wide challenges and six years of outflows.
2. Bird's tough decisions, such as removing bonuses, led to internal dissatisfaction and a negative atmosphere within the company.
3. The rebranding of Aberdeen to Abrdn, by removing vowels, was a memorable but controversial move during Bird's tenure.
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