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AMG Appoints Marcy Engel to its Board of Directors

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AMG (NYSE:AMG) has announced significant changes to its Board of Directors. Marcy Engel will join the Board effective September 30, 2025, coinciding with the retirement of Dwight D. Churchill after 15 years of service.

Engel brings extensive financial services experience, having served as Chairperson of Sculptor Capital Management's board from 2021 to 2023, and previously as Chief Operating Officer and General Counsel at Eton Park Capital Management. Her background includes senior executive roles at Citigroup and its predecessor firms.

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.

AMG (NYSE:AMG) ha annunciato significative modifiche al suo Consiglio di Amministrazione. Marcy Engel entrerà a farne parte a decorrere dal 30 settembre 2025, in concomitanza con il pensionamento di Dwight D. Churchill dopo 15 anni di servizio.

Engel porta con sé una vasta esperienza nei servizi finanziari: è stata presidente del consiglio di Sculptor Capital Management dal 2021 al 2023 e, in precedenza, Chief Operating Officer e General Counsel presso Eton Park Capital Management. Nel suo percorso ha ricoperto ruoli dirigenziali di vertice in Citigroup e nelle società predecessori.

Churchill, entrato nel Consiglio di AMG nel 2010, ha rivestito varie posizioni di leadership, tra cui presidente del comitato di revisione e presidente del Consiglio. Il suo pensionamento segna la conclusione di un mandato importante durante il quale AMG ha registrato una crescita sostanziale e uno sviluppo organizzativo.

AMG (NYSE:AMG) ha anunciado cambios significativos en su Consejo de Administración. Marcy Engel se incorporará al Consejo con efecto a partir del 30 de septiembre de 2025, coincidiendo con la jubilación de Dwight D. Churchill tras 15 años de servicio.

Engel aporta amplia experiencia en servicios financieros; fue presidenta del consejo de Sculptor Capital Management entre 2021 y 2023 y, anteriormente, Chief Operating Officer y General Counsel en Eton Park Capital Management. También ha ocupado puestos ejecutivos de alto nivel en Citigroup y sus empresas predecesoras.

Churchill, que se unió al Consejo de AMG en 2010, ha desempeñado diversas funciones de liderazgo, incluido el cargo de presidente del Comité de Auditoría y del Consejo. Su jubilación supone el fin de un periodo relevante durante el cual AMG experimentó un notable crecimiento y desarrollo organizativo.

AMG (NYSE:AMG)는 이사회에 중대한 변동이 있다고 발표했습니다. Marcy Engel2025년 9월 30일부로 이사회에 합류하며, 이는 15년간 재임해 온 Dwight D. Churchill의 퇴임과 동시에 이뤄집니다.

Engel은 금융 서비스 분야에서 풍부한 경험을 보유하고 있습니다. 그는 2021년부터 2023년까지 Sculptor Capital Management 이사회의 의장을 지냈고, 이전에는 Eton Park Capital Management에서 COO(최고운영책임자) 겸 총괄법무책임자(General Counsel)로 근무했습니다. 또한 Citigroup 및 그 전신 기업들에서 고위 임원으로 재직한 경력이 있습니다.

Churchill은 2010년 AMG 이사회에 합류한 이래 감사위원회 의장과 이사회 의장 등 여러 리더십 직책을 맡아왔습니다. 그의 퇴임은 AMG가 상당한 성장과 조직적 발전을 이룬 중요한 임기가 마무리됨을 의미합니다.

AMG (NYSE:AMG) a annoncé d'importants changements au sein de son conseil d'administration. Marcy Engel rejoindra le conseil à compter du 30 septembre 2025, coïncidant avec la retraite de Dwight D. Churchill après 15 ans de service.

Engel apporte une vaste expérience dans les services financiers : elle a été présidente du conseil d'administration de Sculptor Capital Management de 2021 à 2023 et, auparavant, COO et General Counsel chez Eton Park Capital Management. Elle a également occupé des postes de direction chez Citigroup et ses sociétés prédecesseures.

Churchill, qui a rejoint le conseil d'AMG en 2010, a exercé diverses fonctions de direction, notamment en tant que président du comité d'audit et du conseil. Son départ marque la fin d'un mandat important au cours duquel AMG a connu une croissance substantielle et un développement organisationnel.

AMG (NYSE:AMG) hat bedeutende Veränderungen in seinem Aufsichtsrat angekündigt. Marcy Engel wird mit Wirkung zum 30. September 2025 in den Aufsichtsrat eintreten, zeitgleich mit dem Rücktritt von Dwight D. Churchill nach 15 Jahren im Amt.

Engel bringt umfangreiche Erfahrung im Finanzdienstleistungsbereich mit. Sie war von 2021 bis 2023 Vorsitzende des Boards von Sculptor Capital Management und zuvor COO sowie General Counsel bei Eton Park Capital Management. Zudem bekleidete sie leitende Positionen bei Citigroup und deren Vorgängerunternehmen.

Churchill, der 2010 in den Aufsichtsrat von AMG berufen wurde, hatte verschiedene Führungsaufgaben inne, darunter den Vorsitz des Prüfungsausschusses und des Aufsichtsrats. Sein Rücktritt markiert das Ende einer bedeutenden Amtszeit, in deren Verlauf AMG erhebliches Wachstum und organisatorische Weiterentwicklung erfuhr.

Positive
  • Addition of Marcy Engel brings valuable experience in financial services, alternative investments, and public company board leadership
  • Smooth leadership transition with planned succession demonstrates strong corporate governance
Negative
  • None.

Dwight D. Churchill to Retire from Board of Directors Following 15-Year Service

WEST PALM BEACH, Fla., Aug. 14, 2025 (GLOBE NEWSWIRE) -- AMG, a strategic partner to leading independent investment management firms globally, today announced the appointment of Marcy Engel to its Board of Directors (the “Board”), effective September 30, 2025; the Company also announced the forthcoming retirement of Dwight D. Churchill from the Board, effective September 30, 2025. Mr. Churchill was appointed to AMG’s Board of Directors in February 2010.

Ms. Engel served on the board of directors of Sculptor Capital Management, Inc. from June 2018 through its acquisition by Rithm Capital Corp. in 2023, having served as Chairperson of the board from 2021 through 2023. Prior to that, she was the Chief Operating Officer and General Counsel of Eton Park Capital Management, L.P., a global alternatives investment firm, where she was responsible for all of the non-investment aspects of Eton Park’s business. Prior to joining Eton Park in 2005, Ms. Engel worked for Citigroup and its predecessor firms, Salomon Smith Barney and Salomon Brothers, Inc., where, among other roles, she was Managing Deputy General Counsel of Citigroup’s Global Corporate and Investment Bank and a member of its Management Committee. Ms. Engel holds a B.A. from the University of Michigan and a J.D. from the University of Pennsylvania Law School.

“We are delighted to welcome Marcy as an independent Director, given her significant experience in financial services, including service as a senior executive at an alternative investment firm, an investment bank, and a bank – as well as her board experience at a public alternative manager,” 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.”

“Upon completing fifteen rewarding years of service on AMG’s Board of Directors, I have decided that now is the right time to retire,” said Mr. Churchill. “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.”

“Over the course of his fifteen-year tenure, Dwight has played a variety of leadership roles, including Chair of our Audit Committee, Chair of the Board, and most recently, as interim Chair again, and AMG and our shareholders have deeply benefited from his leadership and insight; I am personally grateful for our long working relationship and Dwight’s leadership and dedication to AMG; he will be missed,” said Jay C. Horgen, Chief Executive Officer. “Looking ahead, we are very pleased to welcome Marcy Engel to our Board, as she brings a unique set of industry experiences and insights to AMG. The Board and management team and I very much look forward to working with her.”

About AMG

AMG (NYSE: AMG) is a strategic partner to leading independent investment management firms globally. AMG’s strategy is to generate long-term value by investing in high-quality independent partner-owned firms, through a proven partnership approach, and allocating resources across AMG's unique opportunity set to the areas of highest growth and return. Through its distinctive approach, AMG magnifies its Affiliates' existing advantages and actively supports their independence and ownership culture. As of June 30, 2025, AMG’s aggregate assets under management were approximately $771 billion across a diverse range of private markets, liquid alternative, and differentiated long-only investment strategies. For more information, please visit the Company’s website at www.amg.com.

Certain matters discussed in this press release issued by Affiliated Managers Group, Inc. (“AMG” or the “Company”) 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 AMG’s most recent Annual Report on Form 10-K, as such factors may be updated from time to time in the Company’s periodic filings with the SEC, which are accessible on the SEC's website at www.sec.gov. AMG undertakes 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. This release does not constitute an offer of any products, investment vehicles, or services of any AMG Affiliate. 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.

AMG Media & Investor Relations:

Patricia Figueroa
(617) 747-3300
ir@amg.com
pr@amg.com


FAQ

When will Marcy Engel join AMG's Board of Directors?

Marcy Engel will join AMG's Board of Directors effective September 30, 2025.

What is Marcy Engel's background and experience before joining AMG's board?

Engel served as Chairperson of Sculptor Capital Management's board (2021-2023), was COO and General Counsel at Eton Park Capital Management, and held senior executive positions at Citigroup and its predecessor firms.

How long did Dwight Churchill serve on AMG's Board of Directors?

Dwight Churchill served on AMG's Board for 15 years, joining in February 2010 and retiring effective September 30, 2025.

What positions did Dwight Churchill hold during his tenure on AMG's Board?

Churchill held several leadership roles including Chair of the Audit Committee, Chair of the Board, and most recently served as interim Chair.
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