Monnier had been FOX president for more than seven years. This publication also understands that a replacement, formerly of Capgemini, is due to take over in September.

A senior figure in the North American family offices industry, Alexandre Monnier, has been named managing director of wealth sustainability at Hawthorn PNC Family Wealth.

Monnier had been president of Chicago-based Family Office Exchange for more than seven years. Prior to joining FOX in April, he was MD at PinnacleCare for five years, according to his public profile. 

Separately, Family Wealth Report understands that Bill Sullivan will join Family Office Exchange as president in September. For the past 10 years, Sullivan has served as the global head of financial services market intelligence at Capgemini.