Summary
Affiliated Managers Group, Inc. (AMG) filed an 8-K on February 4, 2019, primarily announcing an immediate leadership change. Jay C. Horgen has been appointed President of the Company, while retaining his existing roles as Chief Financial Officer and Treasurer. Nathaniel Dalton will continue in his capacity as Chief Executive Officer. This executive transition positions Mr. Horgen for expanded leadership responsibilities within AMG. Investors should note that the detailed biographical and compensation information for Mr. Horgen is incorporated by reference from the Company's April 30, 2018 proxy statement, indicating no new material disclosures in this specific filing beyond the appointment itself.
Key Highlights
- 1Jay C. Horgen appointed President of Affiliated Managers Group, Inc. (AMG), effective immediately.
- 2Mr. Horgen will continue to serve as Chief Financial Officer and Treasurer.
- 3Nathaniel Dalton remains Chief Executive Officer.
- 4The filing confirms a leadership transition, with the President role now formally assigned.
- 5Detailed information on Mr. Horgen is referenced from the Company's 2018 proxy statement.
- 6The report includes a press release as an exhibit, dated February 4, 2019.
Frequently Asked Questions
Jay C. Horgen's appointment as President, in addition to his CFO and Treasurer roles, signifies an expansion of his leadership responsibilities within AMG. This move may indicate a broader strategic role for him in the company's operations and future direction.
Following the announcement, Nathaniel Dalton continues as Chief Executive Officer, and Jay C. Horgen has been appointed President, while also retaining his positions as Chief Financial Officer and Treasurer. This structure indicates a division of executive responsibilities.
The filing states that required information about Mr. Horgen under Regulation S-K (including compensation and background details) is incorporated by reference from AMG's annual meeting proxy statement filed on Schedule 14A on April 30, 2018. Investors should refer to that document for detailed information.