AllianceBernstein CEO Seth Bernstein to retire March 31, 2027; Onur Erzan named President & CEO

ALLIANCEBERNSTEIN HOLDING L.P.

Seth Bernstein will retire as CEO effective March 31, 2027 after nearly a decade leading AB; he will continue to serve on the AB Board of Directors.
Onur Erzan, 50, AB President since January 2026, becomes President and CEO on April 1, 2027 and joins the AB Board then; he spent 20 years at McKinsey.
Erzan FY2027 total compensation target is $13.5 million: $650,000 base salary, $5.8M cash bonus, $3.45M ICAP award in AB Units, $2.35M Equitable Holdings equity.
Bernstein's retirement agreement gives him a $2.5M AB Holding Unit appreciation grant, a $1.0M Equitable Holdings LTIP award in Q2 2027, and $325,000 (26 weeks) salary continuation.
AB assets under management nearly doubled under Bernstein to more than $919 billion as of August 31, 2026; AB is a subsidiary of Equitable Holdings (NYSE: EQH).

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