8-KLeadership ChangesExhibits & Filings

AFFILIATED MANAGERS GROUP, INC. 8-K Report, Executive Changes (Nov 14, 2017)

Filed November 14, 2017For Securities:AMGMGRBMGRMGRDMGRE

Summary

Affiliated Managers Group, Inc. (AMG) announced a key leadership change through the appointment of Karen L. Yerburgh to its Board of Directors, effective January 1, 2018. Ms. Yerburgh brings extensive experience in the investment management industry, having served as Managing Partner of Genesis Investment Management, LLP, a prominent emerging markets equities specialist with significant assets under management and a long-standing affiliation with AMG. This appointment is investor-focused as it signals a strengthening of the board's expertise, particularly in areas relevant to AMG's business model of acquiring and managing boutique investment firms. Ms. Yerburgh's background at Genesis, an AMG Affiliate since 2004, provides a deep understanding of AMG's operational structure and strategic objectives. Investors can view this as a positive step towards continued effective governance and strategic direction.

Key Highlights

  • 1Karen L. Yerburgh appointed to the Board of Directors, effective January 1, 2018.
  • 2Ms. Yerburgh previously served as Managing Partner of Genesis Investment Management, LLP.
  • 3Genesis Investment Management is a leading emerging markets equities specialist with US$27 billion in AUM.
  • 4Genesis has been an AMG Affiliate since 2004, indicating prior strategic alignment.
  • 5Ms. Yerburgh has significant experience, joining Genesis in 1990 and becoming Managing Partner in 2003.
  • 6Ms. Yerburgh will receive compensation under AMG's standard director compensation program.

Frequently Asked Questions

Karen L. Yerburgh is a seasoned investment management professional appointed to AMG's Board of Directors. Her most recent role was Managing Partner at Genesis Investment Management, LLP, a firm specializing in emerging markets equities that has been affiliated with AMG since 2004. Her expertise is directly relevant to AMG's business, which focuses on acquiring and partnering with specialized investment management firms.

Ms. Yerburgh's appointment to the Board of Directors is effective starting January 1, 2018.

Ms. Yerburgh's long tenure and leadership role at Genesis Investment Management, a firm that has been an AMG Affiliate for over a decade, provides her with deep insights into AMG's operational model and strategic partnerships. Genesis's success in emerging markets equities and its significant AUM highlight the caliber of expertise she brings to AMG's board.

Ms. Yerburgh will be compensated according to Affiliated Managers Group, Inc.'s customary director compensation program, as detailed in the company's proxy statement for its 2017 Annual Meeting of Stockholders.