AMG Names Jide J. Zeitlin to its Board of Directors.BOSTON -- Affiliated Managers Group, Inc. (NYSE NYSE See: New York Stock Exchange : AMG AMG All Music Guide (music website) AMG All Media Guide (group of media websites) AMG All Movie Guide (Movie website) AMG Arzneimittelgesetz (German Law) ), an asset management holding company, announced today the election of Mr. Jide J. Zeitlin to its Board of Directors. Mr. Zeitlin, a private investor, formerly served as a senior investment banker at Goldman, Sachs & Co., where he was elected a partner in 1996. His career at Goldman Sachs included a number of senior management positions in the firm's investment banking division, where he focused on the industrial and healthcare industries, as well as service in the firm's executive office. An active member of the academic and cultural communities, Mr. Zeitlin serves as Chairman of the Board of Trustees board of trustees Politics The posse of thugs who oversee an institution's administration. See Board of directors. at Amherst College and is a member of the boards of Milton Academy, the Harvard Business School Harvard Business School, officially named the Harvard Business School: George F. Baker Foundation, and also known as HBS, is one of the graduate schools of Harvard University. Visiting Committee, Teach for America Teach For America (TFA) is a non-profit organization whose mission is to close the academic achievement gap between children from different socio-economic backgrounds. , Montefiore Medical Center Montefiore Medical Center, in the Bronx, New York, is the university hospital of the Albert Einstein College of Medicine. The hospital, named after Moses Montefiore, is one of the 50 largest employers in New York State [1]. , Playwrights Horizons and Common Ground Community. Mr. Zeitlin earned an A.B. in Economics and English magna cum laude from Amherst College in 1985 and an M.B.A. from Harvard University in 1987. He currently resides in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. with his wife and son. "We are very pleased to welcome Jide to our Board," said Sean M. Healey, AMG's President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "Jide's outstanding career as an investment banker and senior executive at Goldman Sachs provides us with management experience, expertise and insights that will make him a superb addition to our Board." AMG is an asset management company with equity investments in a diverse group of mid-sized investment management firms. AMG's affiliated investment management firms managed approximately $184 billion in assets at December 31, 2005. Certain matters discussed in this press release may constitute forward-looking statements within the meaning of the federal securities laws. Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors, including changes in the securities or financial markets or in general economic conditions, the availability of equity and debt financing, competition for acquisitions of interests in investment management firms, the investment performance of our Affiliates and their ability to effectively market their investment strategies, and other risks detailed from time to time in AMG's filings with the Securities and Exchange Commission. Reference is hereby made to the "Cautionary Statements" set forth in the Company's Form 10-K for the year ended December 31, 2004. For more information on Affiliated Managers Group, Inc., please visit AMG's Web site at www.amg.com. |
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion