8-KEarnings & ResultsLeadership ChangesExhibits & Filings

AFFILIATED MANAGERS GROUP, INC. 8-K Report, Financial Results (Oct 27, 2004)

Filed October 27, 2004For Securities:AMGMGRBMGRMGRDMGRE

Summary

This Form 8-K filing by Affiliated Managers Group, Inc. (AMG) on October 27, 2004, primarily reports on the company's financial and operating results for the quarter ended September 30, 2004, through a press release furnished as Exhibit 99.1. While the specific financial details are within the referenced press release, the 8-K filing itself highlights this as a key update for investors concerning the company's performance. Furthermore, the filing announces a significant leadership transition. Effective January 1, 2005, Sean M. Healey will assume the role of President and Chief Executive Officer, succeeding founder William J. Nutt, who will remain Chairman. Mr. Healey, currently President and COO, brings extensive experience from Goldman, Sachs & Co. and has been with AMG since 1995, indicating a planned succession and continuity in leadership.

Key Highlights

  • 1Company reported financial and operating results for the quarter ended September 30, 2004.
  • 2Press release detailing Q3 2004 results is furnished as Exhibit 99.1.
  • 3Sean M. Healey appointed as President and Chief Executive Officer, effective January 1, 2005.
  • 4William J. Nutt, founder, will transition from CEO to Chairman.
  • 5Healey's prior experience includes seven years in Mergers and Acquisitions at Goldman, Sachs & Co.
  • 6Healey has been with AMG since 1995 and is currently President and COO.
  • 7Healey has served on the Company's Board of Directors since May 2001.

Frequently Asked Questions

The main purpose of this 8-K filing is to inform investors about Affiliated Managers Group, Inc.'s financial and operating results for the quarter ended September 30, 2004, and to announce a significant change in the company's leadership structure.

Sean M. Healey, currently the President and Chief Operating Officer, will become President and Chief Executive Officer, succeeding William J. Nutt. This transition is effective January 1, 2005.

No, William J. Nutt will remain with the company as Chairman. He is transitioning from his role as Chief Executive Officer to focus on his position as Chairman.

The specific financial and operating results for the quarter ended September 30, 2004, are detailed in a press release furnished as Exhibit 99.1 to this 8-K filing. This exhibit is incorporated by reference.