BrightSphere names Kelly Young CEO, rebrands to Acadian Asset Management; ticker to AAMI

Acadian Asset Management Inc.

Kelly Young appointed President & CEO, effective Jan 1, 2025; replaces Suren Rana.
Company to rebrand as Acadian Asset Management Inc., ticker changes from BSIG to AAMI effective Jan 2, 2025.
Ms. Young's compensation: $650K base salary, target bonus $8.35M; severance includes up to 24 months salary.
Acadian has $113B AUM, with 93-93% of strategies outperforming benchmarks over 1/3/5/10 years.
Company returned $1.3B to shareholders, reduced debt, cut overhead ~70%.

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Executive movements

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Appointed

Kelly Young

President and Chief Executive Officer

AAMI · Acadian Asset Management Inc.

Effective: 2025-01-01
Filed: October 1, 2024, 7:59 PM ET

On September 30, 2024, the Board of Directors (the “Board”) of BrightSphere Investment Group Inc. (the “Company”) appointed Kelly Young as the Company’s President and Chief Executive Officer and as a Director of the Company, each effective as of January 1, 2025.

Appointed

Kelly Young

Director

AAMI · Acadian Asset Management Inc.

Effective: 2025-01-01
Filed: October 1, 2024, 7:59 PM ET

On September 30, 2024, the Board of Directors (the “Board”) of BrightSphere Investment Group Inc. (the “Company”) appointed Kelly Young as the Company’s President and Chief Executive Officer and as a Director of the Company, each effective as of January 1, 2025.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Kelly Young was appointed as President and Chief Executive Officer at Acadian Asset Management Inc..

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

On September 30, 2024, the Board of Directors (the “Board”) of BrightSphere Investment Group Inc. (the “Company”) appointed Kelly Young as the Company’s President and Chief Executive Officer and as a Director of the Company, each effective as of January 1, 2025.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Kelly Young was appointed as Director at Acadian Asset Management Inc..

Action: appointed
Role: Director

Exact text from the filing

On September 30, 2024, the Board of Directors (the “Board”) of BrightSphere Investment Group Inc. (the “Company”) appointed Kelly Young as the Company’s President and Chief Executive Officer and as a Director of the Company, each effective as of January 1, 2025.

View on SEC.gov

Acadian Asset Management Inc. filing history →

Source: SEC EDGAR

accession 0001748824-24-000041

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