8-KLeadership ChangesExhibits & Filings

AFFILIATED MANAGERS GROUP, INC. 8-K Report, Executive Changes (Jan 8, 2021)

Filed January 8, 2021For Securities:AMGMGRBMGRMGRDMGRE

Summary

Affiliated Managers Group, Inc. (AMG) announced a change to its Board of Directors, appointing Félix V. Matos Rodríguez as an additional independent director, effective January 8, 2021. Dr. Matos Rodríguez brings extensive leadership experience, currently serving as Chancellor of the City University of New York, the nation's largest urban university. His background includes significant roles in academia and the public sector, with a focus on innovation, accessibility, and inclusion. Concurrently, Glenn Earle retired from the Board. The company thanked Mr. Earle for his contributions, highlighting his strategic insight, financial expertise, and global perspective. Dr. Matos Rodríguez will participate in the standard director compensation program. His appointment is expected to bring a unique skillset to AMG's governance, particularly in managing a large, human-capital-based organization.

Key Highlights

  • 1Appointment of Félix V. Matos Rodríguez as an independent director to the Board of Directors.
  • 2Dr. Matos Rodríguez's extensive experience as Chancellor of the City University of New York brings leadership in a large, human-capital-based organization.
  • 3His background includes innovation in academia and the public sector, with a focus on accessibility, inclusion, and excellence.
  • 4Retirement of director Glenn Earle from the Board.
  • 5The company expressed gratitude to Mr. Earle for his strategic insight, financial expertise, and global perspective.
  • 6Dr. Matos Rodríguez's appointment is effective immediately, and he will follow the company's standard director compensation.

Frequently Asked Questions

Félix V. Matos Rodríguez has been appointed as an additional independent director to the Board of Directors, effective January 8, 2021.

Dr. Matos Rodríguez is currently the Chancellor of the City University of New York, leading the nation's largest urban university. He has a distinguished career in academia and the public sector, recognized for his innovative leadership and commitment to accessibility and inclusion. He holds a B.A. from Yale University and a doctorate in history from Columbia University.

Yes, Glenn Earle retired from the Board of Directors on January 8, 2021. The company thanked him for his service, strategic insight, financial expertise, and global perspective.

No, Dr. Matos Rodríguez will participate in the Company’s customary director compensation program, as outlined in AMG's proxy statement and other SEC filings. There are no special arrangements or understandings related to his appointment.