Cohen & Steers (NYSE: CNS) taps veteran finance leader Amit Muni as CFO
Rhea-AI Filing Summary
Cohen & Steers, Inc. appointed Amit Muni as Executive Vice President and Chief Financial Officer, effective June 8, 2026, succeeding interim CFO Michael Donohue, who will continue as Controller. Muni will lead finance, strategy and investor relations and join the firm’s Executive Committee.
Under a letter agreement, Muni will receive an annual base salary of $450,000 and a guaranteed annual bonus of $2,050,000 for each of calendar years 2026 and 2027, payable around January 2027 and January 2028, subject to forfeiture or repayment in certain termination scenarios. As make-whole compensation for forfeited equity at his former employer, he will receive RSUs valued at $860,000, vesting over four years, along with eligibility for standard executive benefits, deferred RSU programs and future discretionary bonuses beginning with the 2028 performance year.
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Insights
CFO succession is planned and compensation is heavily incentive-based.
Cohen & Steers is transitioning from an interim to a permanent CFO by appointing Amit Muni, an experienced finance executive from major asset managers. The overlap period with interim CFO Michael Donohue supports continuity in financial leadership.
Muni’s package combines a $450,000 salary with large guaranteed bonuses of $2,050,000 for 2026 and 2027 and a $860,000 RSU make-whole grant. Clawback-like reimbursement and forfeiture terms, plus mandatory deferrals into RSUs, link much of his pay to tenure and equity-based alignment.
From an investor perspective, the filing emphasizes Muni’s track record in asset and wealth management, M&A and capital markets. It does not alter financial guidance, but it clarifies leadership structure and incentives governing the firm’s finance function going into and beyond 2028.
8-K Event Classification
Key Figures
Key Terms
restricted stock unit financial
deferred RSU awards financial
guaranteed bonus financial
termination without cause financial
forward-looking statements regulatory
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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CURRENT REPORT
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| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers |
Succession of Chief Financial Officer
On May 21, 2026, Cohen & Steers, Inc. (the “Company”) announced the appointment of Amit Muni as Executive Vice President and Chief Financial Officer of the Company, effective June 8, 2026. Mr. Muni succeeds Michael Donohue, who served as the Company’s Interim Chief Financial Officer since October 17, 2025.
Amit Muni, age 57, previously served as Executive Vice President and Chief Financial Officer of CI Financial Corp. (“CI”) from 2021 until May 2026, as well as its subsidiary Corient Private Wealth. CI is a global asset and wealth management company formerly listed on the Toronto Stock Exchange until 2025. Prior to that, Mr. Muni served as Executive Vice President and Chief Financial Officer of WisdomTree, Inc., a publicly traded exchange-traded fund sponsor and asset manager, from 2008 until 2021. Mr. Muni’s prior experience also includes senior finance and accounting roles at the International Securities Exchange, Instinet Group, PricewaterhouseCoopers and the National Securities Clearing Corporation. Mr. Muni previously served on the boards of directors of WisdomTree Ireland, England and Jersey funds, was an observer on the boards of directors of Securency Inc. and Thesys Technologies and was a former member of the Nasdaq Quality of Markets Committee. Mr. Muni has a BBA degree from Pace University.
Mr. Muni has not entered into any transactions required to be disclosed under Item 404(a) of Regulation S-K and there are no arrangements or understandings between Mr. Muni and any other person pursuant to which Mr. Muni was appointed as Executive Vice President and Chief Financial Officer. There are no family relationships between any of the Company’s directors or executive officers and Mr. Muni required to be disclosed under Item 401(d) of Regulation S-K.
Letter Agreement with Amit Muni
In connection with Mr. Muni’s appointment as Executive Vice President and Chief Financial Officer, the Company entered into a letter agreement (the “Agreement”) providing for, among other things, certain compensatory employment terms with the Company.
Under the Agreement, Mr. Muni is entitled to receive an annual base salary of $450,000 and a minimum annual bonus of $2,050,000 in respect of each of calendar years 2026 and 2027, payable in or about January 2027 and January 2028, respectively (each a “guaranteed bonus”), subject to forfeiture in the event he leaves the Company voluntarily (or gives notice thereof) or is terminated for “cause” (as defined in the Agreement) prior to payment of such bonuses. In the event of termination without cause or upon his death or permanent disability prior to payment of any guaranteed bonus, Mr. Muni will be entitled to amounts equivalent to such unpaid bonus in the form of a combination of cash and a restricted stock unit (“RSU”) award in the event of a termination without cause, or cash and a deferred cash award in the event of his death or permanent disability. Beginning in respect of the 2028 calendar year, Mr. Muni will be eligible for discretionary annual incentive performance bonuses and entitled to a pro-rata annual bonus for any year in which death or permanent disability occurs (in lieu of a discretionary annual performance bonus).
If Mr. Muni’s employment ceases by reason of his resignation without “good reason” (as defined in the Agreement) or his termination by the Company with cause prior to the one-year anniversary of his date of first employment with the Company, Mr. Muni is required to reimburse the Company for a pro rata portion of the 2026 guaranteed bonus actually paid to Mr. Muni for each whole or partial calendar month during the initial year of his employment in which he is no longer employed by the Company.
As an executive officer, all compensation payable to Mr. Muni will be subject to the approval of the compensation committee of the Company’s board of directors as well as Company policies as may be in effect from time to time with respect to the payment of bonuses, including mandatory deferrals applicable to executive officers pursuant to which a portion of annual compensation is granted in the form of deferred RSU awards under the Company’s Amended and Restated Stock Incentive Plan (the “Plan”).
In the event of the forfeiture of certain deferred and unvested equity compensation from his former employer, as compensation for such forfeiture Mr. Muni will receive on his start date a number of RSUs under the Plan equal to the quotient of $860,000 divided by the arithmetic mean of the high and low prices of shares of the Company’s common stock on such date, which RSUs will vest in equal amounts on the first, second, third and fourth anniversary of the grant date, subject to continued employment on each such vesting date.
Except as provided herein, the terms of the RSU awards to Mr. Muni are the same as those previously disclosed by the Company and applicable to Company executive officers generally, including customary restrictive covenants relating to non-interference, non-solicitation and non-disparagement. Mr. Muni is eligible to participate in the Company’s employee benefit plans and is entitled to perquisites on the same basis as other Company executives.
| Item 7.01. | Regulation FD Disclosure |
On May 21, 2026, the Company issued a press release announcing Mr. Muni’s appointment as Executive Vice President and Chief Financial Officer as successor to Mr. Donohue. A copy of the press release is being furnished as Exhibit 99.1 to this Current Report on Form 8-K.
The information contained under Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, is being furnished and, as a result, such information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
| Item 9.01. | Financial Statements and Exhibits |
(d) Exhibits.
EXHIBIT INDEX
| Exhibit No. |
Description | |
| 99.1 | Press release dated May 21, 2026 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Cohen & Steers, Inc. (Registrant) | ||||||
| Date: May 21, 2026 | By: | /s/ Brian Heller | ||||
| Name: | Brian Heller | |||||
| Title: | Senior Vice President and Deputy General Counsel | |||||
Exhibit 99.1
| Cohen & Steers, Inc. 1166 Avenue of the Americas New York, NY 10036 212 832 3232 |
|
Contact:
Robert Klemens
Vice President
Communications
212 796 9377
Cohen & Steers Appoints Amit Muni as Chief Financial Officer
NEW YORK, May 21, 2026—Cohen & Steers, Inc. (NYSE: CNS) today announced that Amit Muni has been appointed as Executive Vice President and Chief Financial Officer, effective June 8, 2026. Mr. Muni will lead the firm’s financial operations, financial strategy and investor relations. He will join the firm’s Executive Committee and report to Joseph Harvey, Chief Executive Officer.
Mr. Muni succeeds Michael Donohue, who has been serving as Interim Chief Financial Officer since October 17, 2025. Mr. Donohue will remain Interim Chief Financial Officer until June 8, 2026, after which time he will continue in his role as Controller.
Joseph Harvey, Chief Executive Officer, said:
“Amit brings more than two decades of leadership across public markets, asset and wealth management, and capital markets, with a strong track record of driving strategic growth, executing M&A and financing initiatives, and engaging with the investor community. His experience will be valuable in advancing our strategy as we continue to expand our global real assets platform, grow in the wealth channel, build our private markets capabilities and deliver long-term value for shareholders.
I also want to recognize and thank Mike Donohue for his dedicated leadership as interim CFO, successfully managing and improving the finance department and helping lead Cohen & Steers through a return to organic growth while implementing growth initiatives.”
Mr. Muni joins the firm from CI Financial Corp., where he served as Chief Financial Officer of the $550+ billion AUM Canadian-based wealth and asset management firm. Prior to joining CI Financial Corp. in 2021, he was Chief Financial Officer at WisdomTree, Inc. Mr. Muni’s experience also includes senior finance and accounting roles at the International Securities Exchange (ISE), Instinet Group, PricewaterhouseCoopers and National Securities Clearing Corporation.
About Cohen & Steers. Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. Founded in 1986, the firm is headquartered in New York City, with offices in London, Dublin, Hong Kong, Tokyo and Singapore.
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SOURCE: Cohen & Steers
CONTACT: Robert Klemens
Vice President, Communications
media@cohenandsteers.com
Website: https://www.cohenandsteers.com
Symbol: NYSE: CNS
Forward-Looking Statements
This press release and other statements that Cohen & Steers may make may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which reflect the Company’s current views with respect to, among other things, the Company’s operations and financial performance. You can identify these forward-looking statements by the use of words such as “outlook,” “believes,” “expects,” “potential,” “may,” “will,” “should,” “seeks,” “predicts,” “intends,” “plans,” “estimates,” “anticipates” or the negative versions of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these forward-looking statements. The Company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise.
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