Reuben Jeffery III Appointed as Chair of AMG Board of Directors; Dwight D. Churchill to Continue to Serve on AMG’s Board
29 Janvier 2024 - 2:00PM
AMG, a leading partner to independent investment firms globally,
today announced the appointment of independent Board member Reuben
Jeffery III as Chair, effective January 26, 2024. Most recent Board
Chair Dwight D. Churchill will continue to serve on AMG’s Board of
Directors, including as Chair of its Nominating and Governance
Committee.
Mr. Jeffery has served as a Director of the Company since April
2020. He served as President and Chief Executive Officer and member
of the board of Rockefeller & Co. from 2010 to 2018;
previously, Mr. Jeffery served seven years in the U.S. government
in a variety of positions, including as Under Secretary of State
for Economic, Energy and Agricultural Affairs and Chairman of the
U.S. Commodity Futures Trading Commission. Prior to that, Mr.
Jeffery spent two decades at Goldman Sachs & Co., becoming
Managing Partner of Goldman Sachs's European Financial Institutions
Group in 1992, and then Managing Partner of the Goldman Sachs Paris
office in 1997. He began his career as a corporate attorney with
Davis Polk & Wardwell LLP. Currently, Mr. Jeffery serves as an
independent director and chairman of the board of SMBC Americas
Holdings, Inc. and as a board member of PartnerRe Ltd. He received
a B.A. in Political Science from Yale University and an M.B.A. and
J.D. from Stanford University.
“On behalf of our Board and AMG’s management team, I want to
thank Dwight for his extraordinary commitment during a pivotal
period in AMG’s evolution,” said Jay C. Horgen, President and
Chief Executive Officer of AMG. “I deeply appreciate his
leadership, insight, and focus on governance, especially in his
role as Chair, and we look forward to his ongoing contributions.
Reuben’s commercial acumen and capacity as a leader will be
invaluable in his service as our Board Chair, and I look forward to
working with him in his expanded role.”
“It has been a privilege to chair AMG’s Board, and I look
forward to continuing to work with my colleagues on the Board and
the excellent management team,” said Mr. Churchill. “I am pleased
that Reuben is stepping into the Chair role, as his extensive
global financial services experience, which has been greatly
additive to the Board, makes him the right person to lead AMG’s
Board into the future.”
“It is an honor to have the opportunity to chair AMG’s Board as
AMG celebrates 30 years of successfully partnering with independent
investment management firms and enters its next decade,” said Mr.
Jeffery. “I look forward to continuing to work with Dwight, Jay,
our fellow Directors, and AMG’s leadership team as management
executes on AMG’s growth strategy and creates further shareholder
value.”
About AMG
AMG (NYSE: AMG) is a leading partner to independent investment
management firms globally. AMG’s strategy is to generate long-term
value by investing in a diverse array of high-quality independent
partner-owned firms, through a proven partnership approach, and
allocating resources across AMG’s unique opportunity set to the
areas of highest growth and return. AMG’s innovative partnership
approach enables each Affiliate’s management team to own
significant equity in their firm while maintaining operational and
investment autonomy. In addition, AMG offers its Affiliates growth
capital, distribution, and other strategic value-added
capabilities, which enhance the long-term growth of these
independent businesses, and enable them to align equity incentives
across generations of principals to build enduring franchises. As
of September 30, 2023, AMG’s aggregate assets under management were
approximately $636 billion across a broad range of differentiated
investment strategies. For more information, please visit the
Company’s website at www.amg.com.
© 2024 Affiliated Managers Group, Inc. All rights reserved.
AMG Investor Relations:Patricia Figueroa
AMG Media Relations: Ann Imes
(617) 747-3300ir@amg.compr@amg.com
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