|AMG Announces that Nathaniel Dalton Succeeds Sean M. Healey as CEO|
Healey Becomes Executive Chairman
Mr. Dalton, 51, has been Chief Operating Officer of AMG since 2006, and was named President in 2011. He is one of the Company’s founders, initially serving as an advisor, then joining in 1996 as AMG’s first General Counsel, and subsequently holding a series of increasingly broad leadership positions through which he has overseen many areas of the Company.
Mr. Healey said, “I have the utmost confidence in Nate’s ability to lead AMG to the next stages of its success. Nate has been by my side as my partner since AMG’s earliest days, and has been involved in every key strategic decision along the way. With his deep understanding of our Affiliate partnerships, proven experience in building our centralized global distribution platform from the ground up, and outstanding leadership across our business, he has made countless and tireless contributions to AMG’s success, and is the ideal executive to lead the company forward. While I undergo treatment, I look forward to actively supporting Nate and the rest of our executive team.”
Mr. Dalton said, “As CEO of AMG, and with Sean’s partnership, it is my honor to lead our outstanding team in continuing to execute on the tremendous opportunities that AMG has before us to drive growth and shareholder value, and build on our position as the partner of choice to the world’s leading independent investment firms. And, with a friendship spanning almost 25 years, I stand in resolute support of Sean as he pursues treatment in his fight against ALS.”
AMG is a global asset management company with equity investments in leading boutique investment management firms. AMG’s innovative partnership approach allows each Affiliate’s management team to own significant equity in their firm while maintaining operational autonomy. AMG’s strategy is to generate shareholder value through the growth of existing Affiliates, as well as through investments in new Affiliates and additional investments in existing Affiliates. In addition, AMG provides centralized assistance to its Affiliates in strategic matters, marketing, distribution, product development and operations. As of
Certain matters discussed in this press release 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 our Annual Report on Form 10-K for the year ended