Form 8-K - Current report
25 Fevereiro 2025 - 2:00PM
Edgar (US Regulatory)
0000350894FALSE00003508942025-02-252025-02-25
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
________________________________________
FORM 8-K
________________________________________
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934
February 25, 2025
Date of report (Date of earliest event reported)
________________________________________
________________________________________
SEI INVESTMENTS COMPANY
(Exact name of registrant as specified in its charter)
________________________________________
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Pennsylvania | | 0-10200 | | 23-1707341 |
(State or Other Jurisdiction of Incorporation) | | (Commission File Number) | | (I.R.S. Employer Identification No.) |
1 Freedom Valley Drive
Oaks, Pennsylvania 19456
(Address of Principal Executive Offices and Zip Code)
(610) 676-1000
(Registrant's Telephone Number, Including Area Code)
________________________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
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Title of each class | | Trading Symbol | | Name of each exchange on which registered |
Common Stock, par value $0.01 per share | | SEIC | | The NASDAQ Stock Market LLC |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 25, 2025, SEI Investments Company (the “Company”) announced that Executive Vice President Sean J. Denham will expand his role to Chief Financial and Chief Operating Officer (CFO/COO), supporting SEI’s strategy for growth. In addition to his current responsibilities as CFO, Denham will oversee the Company’s information technology, operations, and human resources functions effective immediately.
A press release relating to Mr. Denham’s appointment is filed as Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01. Financial Statements and Exhibits.
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Exhibit No. | | Description |
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99.1 | | |
104 | | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| SEI INVESTMENTS COMPANY |
| |
Date: | February 25, 2025 | By: | /s/ Sean J. Denham |
| | Sean J. Denham Chief Financial Officer |
© 2025 SEI® 1 Company Contact: Media Contact: Leslie Wojcik Kerry Mullen SEI Vested +1 610-676-4191 +1 917-765-8720 lwojcik@seic.com kerry@fullyvested.com Pages: 2 FOR IMMEDIATE RELEASE SEI Executive Vice President Sean Denham to Lead Global Operations Expanded Role Further Enhances Strategic Alignment for Growth OAKS, Pa., Feb. 25, 2025 – SEI® (NASDAQ:SEIC) today announced that Executive Vice President Sean Denham will expand his role to Chief Financial and Chief Operating Officer (CFO/COO), supporting SEI’s unified vision and strategy for growth. In addition to his current responsibilities as CFO, Denham will oversee the company’s information technology, operations, and human resources functions, effective immediately. Denham’s operational responsibilities will include leading SEI’s daily global operations, including investment operations through SEI Private Trust Company, procurement, marketing, and talent acquisition, retention, and development. He will also oversee the company’s technology strategy, execution, and information delivery for all SEI platforms and applications. Commenting on Denham’s expanded role, CEO Ryan Hicke said: “Our focus has been and will continue to be on our evolution to drive growth. We are changing the way we show up in the market and how we optimize our operating model. Sean’s expanded role as Chief Financial and Chief Operating Officer reflects our increased focus on maximizing our return on invested capital. “Leading with an enterprise mindset, he has made a tremendous impact in a short time, contributing greatly to strategically aligning our company’s functions and capital to execute against our growth goals. This is an exciting transformation that we believe will benefit our employees, clients, shareholders, and strategic partners.” Denham added: Press release.
© 2025 SEI® 2 “Echoing my comments on our fourth-quarter 2024 earnings call, we are running this company and showing up in the market differently. We are relentlessly focused on allocating capital to the areas of our business that we believe have the strongest return and can deliver best-in-class products and services to our clients. And we are driving the next level of momentum that can unleash long-lasting growth potential. I’m excited for this opportunity to continue working alongside incredible talent and leadership—who are at the core of our success every day.” Denham joined SEI in March 2024. As CFO, he is responsible for leading finance and accounting, corporate controllership, internal audit, business management, and investor relations functions, as well as administering the internal audit function. Prior to joining SEI, Denham spent 20 years in various leadership roles at Grant Thornton and most recently served as regional managing partner for the Atlantic Coast, National Audit growth leader, and the national Special Purpose Acquisition Company leader. He is a Certified Public Accountant and earned a bachelor’s degree in accounting from Lehigh University. About SEI® SEI (NASDAQ:SEIC) is a leading global provider of financial technology, operations, and asset management services within the financial services industry. SEI tailors its solutions and services to help clients more effectively deploy their capital—whether that’s money, time, or talent—so they can better serve their clients and achieve their growth objectives. As of Dec. 31, 2024, SEI manages, advises, or administers approximately $1.6 trillion in assets. For more information, visit seic.com. ###
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