Summary
Affiliated Managers Group, Inc. (AMG) announced a significant addition to its Board of Directors with the appointment of David C. Ryan as an independent director, effective immediately. Mr. Ryan brings extensive experience from his 22-year tenure at Goldman Sachs & Co., where he held prominent leadership roles in Asia and the United States, including President of Goldman Sachs Asia and membership on the firm's Management Committee. His advisory role with Singapore-based Temasek Holdings and directorships on other notable boards, such as ADT Inc., further underscore his financial and corporate governance expertise.
Key Highlights
- 1Appointment of David C. Ryan as an additional independent director to the Board.
- 2Mr. Ryan brings substantial financial industry experience from his 22-year career at Goldman Sachs & Co., including leadership roles in Asia.
- 3His advisory role with Temasek Holdings and board positions at ADT Inc. and other entities demonstrate diverse corporate governance experience.
- 4Mr. Ryan's appointment is effective immediately.
- 5He will participate in AMG's standard director compensation program.
- 6There are no undisclosed arrangements or familial relationships between Mr. Ryan and existing directors or officers.
- 7Mr. Ryan is not involved in any reportable related-person transactions.
Frequently Asked Questions
David C. Ryan is a newly appointed independent director at AMG. He has a distinguished career, including 22 years at Goldman Sachs & Co. where he was a partner and held significant leadership positions, such as President of Goldman Sachs Asia. He also serves as a corporate advisor to Temasek Holdings and sits on the boards of ADT Inc. and other companies.
The appointment of Mr. Ryan is significant as it brings a director with extensive global financial expertise and corporate governance experience to AMG's board. His background, particularly his leadership roles at Goldman Sachs and advisory work with Temasek Holdings, suggests a strong understanding of financial markets and strategic management, which can be beneficial for guiding the company's growth and operational strategies.
Mr. Ryan will receive compensation according to AMG's customary director compensation program, as detailed in the company's proxy statement and other SEC filings.
The filing explicitly states that there are no arrangements or understandings that influenced his election, no familial relationships with existing directors or officers, and he is not involved in any reportable related-person transactions.