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AMG - Affiliated Managers Inc News Story

$139.97 -2.5  -1.8%

Last Trade - 26/02/21

Sector
Financials
Size
Large Cap
Market Cap £4.28bn
Enterprise Value £6.06bn
Revenue £1.46bn
Position in Universe 1239th / 6715

AMG Appoints Félix V. Matos Rodríguez to its Board of Directors

Fri 8th January, 2021 9:57pm
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WEST PALM BEACH, Fla., Jan. 08, 2021 (GLOBE NEWSWIRE) -- Affiliated Managers
Group, Inc. (NYSE: AMG), a global asset management company, today announced
the appointment of Félix V. Matos Rodríguez to its Board of Directors,
effective immediately.

As Chancellor of City University of New York, Dr. Matos Rodríguez leads the
nation’s largest urban university, which has 25 campuses across New York
City’s five boroughs and a student body of 275,000. Recognized as an
innovative leader within academia and the public sector, Dr. Matos Rodríguez
has served as a teacher, administrator, and former Cabinet secretary for the
Commonwealth of Puerto Rico. Prior to his appointment as Chancellor, Dr. Matos
Rodríguez was president of CUNY’s Queens College and of CUNY’s Eugenio
María de Hostos Community College in the Bronx. He sits on the governing
board of the Hispanic Association of Colleges and Universities and
additionally serves on the boards of Phipps Houses, the United Way of New York
City, the American Council on Education, the TIAA Hispanic Advisory Council,
and the Research Alliance for New York City Schools. Dr. Matos Rodríguez
holds a B.A. from Yale University and received a doctorate in history from
Columbia University.

“We are very pleased to welcome Chancellor Matos Rodríguez to AMG’s
Board,” said Jay C. Horgen, President and Chief Executive Officer of AMG.
“Felo has a long track record as an innovator in both academia and the
public sector and is a dedicated champion of accessibility, inclusion, and
excellence. Moreover, in leading a large, decentralized human-capital-based
organization operating through a network of distinct institutions, Dr. Matos
Rodríguez’s unique skillset and breadth of expertise make him an excellent
addition to our Board.”

About AMG
AMG is a global asset management company with equity investments in leading
boutique investment management firms. AMG’s strategy is to generate
long‐term value by investing in leading independent active investment
managers, through a proven partnership approach, and allocating resources
across the Company's unique opportunity set to the areas of highest growth and
return. AMG’s innovative partnership approach allows each Affiliate’s
management team to own significant equity in their firm while maintaining
operational autonomy. In addition, AMG provides centralized assistance to its
Affiliates on strategy, marketing, distribution, and product development. As
of September 30, 2020, AMG’s aggregate assets under management were
approximately $654 billion, across a broad range of active, return-oriented
strategies. For more information, please visit the Company’s website at
www.amg.com.

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 most recent Annual Report on Form 10-K, as
such factors may be updated from time to time in our periodic filings with the
SEC, which are accessible on the SEC's website at www.sec.gov. We undertake 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:
Anjali Aggarwal 

Media Relations:
Jonathan Freedman  

(617) 747-3300
ir@amg.com

(https://www.globenewswire.com/Tracker?data=Av4gIGaeSoBEUWT0noWwG3-lZBRJsxgGDIGWVuDQx-y9rpQQTo_gQieFqpT2YWzx)pr@amg.com


(https://www.globenewswire.com/NewsRoom/AttachmentNg/b0f545c2-fd77-456a-b99a-050801995e8d)



GlobeNewswire, Inc. 2021
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