AMG appoints Marcy Engel to its Board of Directors, effective September 30, 2025. Engel served as Chairperson of Sculptor Capital Management's board from 2021 to 2023 and was COO and General Counsel of Eton Park Capital Management from 2005 to 2023. Dwight D. Churchill will retire from the Board, effective September 30, 2025, after serving since February 2010.
Affiliated Managers Group, Inc. (AMG) has announced significant changes to its Board of Directors. Effective September 30, 2025, Marcy Engel will join the Board, coinciding with the retirement of Dwight D. Churchill after 15 years of service [1].
Marcy Engel brings extensive financial services experience. She served as Chairperson of Sculptor Capital Management's board from 2021 to 2023 and previously held senior executive roles at Citigroup and its predecessor firms. Prior to joining Sculptor Capital Management, she was the Chief Operating Officer and General Counsel of Eton Park Capital Management, where she oversaw non-investment operations [2].
Dwight D. Churchill, who joined AMG’s Board in 2010, has held various leadership positions including Audit Committee Chair and Board Chair. His retirement marks the end of a significant tenure during which AMG experienced substantial growth and organizational development [1].
"We are delighted to welcome Marcy as an independent Director, given her significant experience in financial services," said Loren M. Starr, Chair of AMG’s Board of Directors. "In addition, I and my fellow Directors thank Dwight for his longstanding service to AMG and commitment to its shareholders. We deeply appreciate the leadership and expertise that Dwight has provided over the years, during a period of meaningful growth and evolution of the business and organization," Starr added [1].
Churchill expressed gratitude for his time with the company, stating, "Upon completing fifteen rewarding years of service on AMG’s Board of Directors, I have decided that now is the right time to retire. This decision comes after much reflection and with a deep sense of gratitude for the experience and professional camaraderie I have enjoyed; serving on AMG’s Board has been one of the most meaningful chapters of my professional life. I am particularly proud of my working relationship with Jay Horgen and the entire management team over the years, over the course of which AMG has grown and developed significantly, and the organization has evolved in many positive ways. I have had the privilege of working alongside many wonderful colleagues on the Board whose dedication and commitment I have found truly inspiring," Churchill said [1].
AMG reported approximately $771 billion in assets under management as of June 30, 2025, across various investment strategies. The company maintains a strong financial position, with liquid assets exceeding short-term obligations and maintaining dividend payments for 9 consecutive years [2].
Reference List:
[1] https://www.stocktitan.net/news/AMG/amg-appoints-marcy-engel-to-its-board-of-8gdzwuscr1q6.html
[2] https://au.investing.com/news/company-news/marcy-engel-to-join-amg-board-as-dwight-churchill-retires-93CH-3979049
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