UPDATE 1-Pimco moving away from Bill Gross model, CEO says
September 28, 2014 at 18:09 PM EDT
Sept 28 (Reuters) - Pimco CEO Doug Hodge said on Sunday that Pimco is moving away from a founder-led model and that the Newport Beach, California-based firm's flagship fund previously run by co-founder Bill Gross "does not define Pimco."