AMG Appoints Loren M. Starr to its Board of Directors
25 Setembro 2023 - 9:00AM
AMG, a leading partner to independent investment management firms
globally, today announced the appointment of Loren M. Starr to its
Board of Directors, effective immediately.
Mr. Starr retired from Invesco Ltd. in March 2021, having served
as Chief Financial Officer of the company for 15 years, from 2005
to 2020, after which he held an executive advisory role as
Invesco’s Vice Chair until his retirement. Prior to joining Invesco
in 2005, Mr. Starr served as the Chief Financial Officer of Janus
Capital Group Inc. from 2001 to 2005, and held senior corporate
finance roles with Putnam Investments, Lehman Brothers Inc., and
Morgan Stanley & Co. LLC. Currently, he is an independent
consultant, and is a member of the TIAA-CREF Fund Complex Boards of
Trustees. Mr. Starr holds a B.A. and B.S. from Columbia University,
an MBA from Columbia Business School, and an M.S. from Carnegie
Mellon University.
“We are very pleased to welcome Loren to AMG’s Board,” said Jay
C. Horgen, President and Chief Executive Officer of AMG. “With more
than two decades of experience in strategy, M&A, and capital
management, Loren has extensive industry expertise as a highly
accomplished executive in asset management, and will bring
invaluable perspective to our Board.”
Dwight D. Churchill, Chair of AMG’s Board of Directors, added,
“As we continue to enhance the collective capabilities of our
Director group, Loren’s unique experience as the chief financial
officer of two of the largest publicly traded firms in our industry
will be additive to the Board’s aggregate skillset. We are
confident that he will make significant contributions to our Board,
and we look forward to working with him.”
About AMGAMG (NYSE: AMG) is a leading partner
to independent investment management firms globally. AMG’s strategy
is to generate long-term value by investing in a diverse array of
high-quality independent partner-owned firms, through a proven
partnership approach, and allocating resources across AMG’s unique
opportunity set to the areas of highest growth and return. AMG’s
innovative partnership approach enables each Affiliate’s management
team to own significant equity in their firm while maintaining
operational and investment autonomy. In addition, AMG offers its
Affiliates growth capital, distribution, and other strategic
value-added capabilities, which enhance the long-term growth of
these independent businesses, and enable them to align equity
incentives across generations of principals to build enduring
franchises. As of June 30, 2023, AMG’s aggregate assets under
management were approximately $674 billion across a broad range of
differentiated investment strategies. For more information, please
visit the Company’s website at www.amg.com.
Certain matters discussed in this press release issued by
Affiliated Managers Group, Inc. (“AMG” or the “Company”) may
constitute forward-looking statements within the meaning of the
federal securities laws, and could be impacted by a number of
factors, including those described under the section entitled “Risk
Factors” in AMG’s most recent Annual Report on Form 10-K, as such
factors may be updated from time to time in the Company’s periodic
filings with the SEC, which are accessible on the SEC's website at
www.sec.gov. AMG undertakes no obligation to publicly update or
review any forward-looking statements, whether as a result of new
information, future developments or otherwise, except as required
by applicable law. From time to time, AMG may use its website as a
distribution channel of material Company information. AMG routinely
posts financial and other important information regarding the
Company in the Investor Relations section of its website at
www.amg.com and encourages investors to consult that section
regularly.
Investor Relations:Patricia Figueroa
Media Relations:
Ann Imes
+1 (617) 747-3300ir@amg.compr@amg.com
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