Virtus Investment Partners (NASDAQ: VRTS) adds Jack Boyce to board
Rhea-AI Filing Summary
Virtus Investment Partners, Inc. (VRTS) reported that its Board of Directors appointed John T. “Jack” Boyce as a director and member of the Audit Committee, effective August 19, 2026. Boyce, age 66, has more than 25 years of senior financial leadership experience, including leading North America distribution at Insight Investment and earlier roles at Standard Life Investments and other asset managers. He will receive cash and equity compensation in line with Virtus’ standard program for non-employee directors, pro rated for the remainder of the 2026 Board year, and will enter into the company’s standard indemnity agreement for directors.
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8-K Event Classification
2 items: 5.02, 9.01
2 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Effective appointment date: August 19, 2026
Press release date: August 20, 2026
John T. Boyce age: 66
+1 more
4 metrics
Effective appointment date
August 19, 2026
Date John T. Boyce’s Board and Audit Committee service begins
Press release date
August 20, 2026
Date of press release announcing Boyce’s appointment
John T. Boyce age
66
Age of John T. “Jack” Boyce as stated in the news release
Experience in senior financial leadership roles
more than 25 years
Boyce’s tenure in senior financial leadership positions
Key Terms
Audit Committee, non-employee directors, indemnity agreement, forward-looking statements, +1 more
5 terms
Audit Committee financial
"appointed John T. Boyce ... as a member of the Board’s Audit Committee"
A company's audit committee is a small group of board members who act like independent inspectors for the firm's finances, overseeing how financial reports are prepared, monitoring internal controls, and managing the relationship with external auditors. Investors care because a strong audit committee reduces the risk of accounting errors, fraud, or misleading statements, making financial statements more trustworthy and helping protect shareholder value.
non-employee directors financial
"compensation program for non-employee directors and will receive a pro rata portion"
Non-employee directors are board members who do not work for the company as salaried employees and usually do not hold day-to-day management roles. They act like outside referees or independent coaches, providing oversight, asking tough questions, and protecting shareholders’ interests; investors care because these directors help ensure management is accountable, reduce conflicts of interest, and influence decisions that affect company strategy and long-term value.
indemnity agreement regulatory
"Mr. Boyce will also enter into the Company’s standard indemnity agreement for directors"
forward-looking statements regulatory
"This press release contains statements that are, or may be considered to be, forward-looking statements"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
multi-boutique asset management financial
"Virtus Investment Partners ... operates a multi-boutique asset management business"
FAQ
What board change did VRTS announce in this Form 8-K?
Virtus Investment Partners appointed John T. “Jack” Boyce as a director and as a member of its Audit Committee, effective August 19, 2026. The Board of Directors approved his appointment, and a related press release dated August 20, 2026, provides additional background on his experience.
What role will John T. Boyce have at Virtus Investment Partners (VRTS)?
John T. Boyce has been appointed to the Board of Directors and the Audit Committee of Virtus Investment Partners. He will serve as a non-employee director and participate in the Board’s oversight responsibilities, including audit-related matters handled by the Audit Committee.
What is John T. Boyce’s background as described by VRTS?
Virtus states that Boyce, age 66, has more than 25 years in senior financial leadership roles. He most recently led North America distribution for Insight Investment, and previously was managing director and head of North American distribution at Standard Life Investments, among other senior distribution roles.
How will the new director of VRTS be compensated?
Virtus states that Boyce will be compensated under the company’s compensation program for non-employee directors. He will receive a pro rata portion of the annual cash retainer and equity compensation award for the remainder of the 2026 Board service year, consistent with that program.
What agreement will John T. Boyce enter into with Virtus Investment Partners (VRTS)?
Virtus states that Boyce will enter into the company’s standard indemnity agreement for directors. The form of this agreement was previously filed as an exhibit to Virtus’ Annual Report on Form 10-K filed on February 27, 2023.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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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.
(d) Election of Directors
On August 19, 2026, the Board of Directors (the “Board”) of Virtus Investment Partners, Inc. (the “Company”) appointed John T. Boyce to serve, effective as of August 19, 2026, as a director of the Company and as a member of the Board’s Audit Committee.
Mr. Boyce served as head of North America distribution for Insight Investment, a subsidiary of The Bank of New York Mellon Corporation from 2018 to 2023. Previously, he was managing director, head of North American distribution at Standard Life Investments from 2012 to 2018.
In consideration of his services as a member of the Company's Board and any committees thereof, Mr. Boyce will be compensated for his service on the Board in accordance with the Company’s compensation program for non-employee directors and will receive a pro rata portion of the Company’s annual cash retainer and equity compensation award as compensation for the remainder of the 2026 Board service year.
There is no arrangement or understanding between Mr. Boyce and any other person pursuant to which he was selected as a director of the Company, and there is no family relationship between Mr. Boyce and any of the Company’s other directors or executive officers. Further, Mr. Boyce does not have a material interest in any transaction that is required to be disclosed under Item 404(a) of Regulation S-K.
Mr. Boyce will also enter into the Company’s standard indemnity agreement for directors, the form of which was previously filed by the Company as Exhibit 10.9 to the Company’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission on February 27, 2023.
A press release announcing the appointment of Mr. Boyce is attached as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
99.1 Press release of Virtus Investment Partners, Inc. dated August 20, 2026.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
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.
| VIRTUS INVESTMENT PARTNERS, INC. | ||||||||||||||
| Dated: | August 20, 2026 | By: | /s/ Andra C. Purkalitis | |||||||||||
| Name: | Andra C. Purkalitis | |||||||||||||
| Title: | Executive Vice President, Chief Legal Officer, General Counsel and Secretary | |||||||||||||
News Release Virtus Investment Partners, Inc. | One Financial Plaza | Hartford, CT 06103 | virtus.com Virtus Investment Partners Announces Appointment of Board Member HARTFORD, CT, August 20, 2026 – Virtus Investment Partners (NYSE: VRTS), which operates a multi-boutique asset management business, today announced that John T. “Jack” Boyce, who has more than 25 years of experience in senior financial leadership roles, has been appointed to the Company’s Board of Directors and to its Audit Committee. Boyce, 66, most recently served as head of North America distribution for Insight Investment, where he was responsible for setting strategic direction, business planning, execution, and business growth. He also established and refined its North American commercial business across institutional and intermediary sales. “We welcome Jack to our board as he brings extensive experience in the asset management industry and in building client-focused organizations,” said Timothy A. Holt, chairman of Virtus’ board. “His distribution and operating expertise will be a valuable resource as we continue to focus on growing the Company and delivering long-term shareholder value.” Prior to joining Insight Investment in 2018, Boyce was managing director and head of North American distribution at Standard Life Investments. Earlier, he held senior distribution and leadership roles at PineBridge Investments / AIG Global Investment Corporation, General Electric Asset Management and AEGON / Diversified Investment Advisors. He is a member of the Board of Trustees of Merrimack College and served as Chair from 2021 to 2023. He serves as a board member of the British American Business Council of New England and previously served on the board of the Alzheimer’s Association. He earned a Bachelor of Arts in Psychology and received an honorary doctorate in business administration from Merrimack College. About Virtus Investment Partners Virtus Investment Partners (NYSE: VRTS) is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional
Virtus Investment Partners, Inc. | One Financial Plaza | Hartford, CT 06103 | www.virtus.com investors. We provide investment products and services from our investment managers, each with a distinct investment style and autonomous investment process, as well as select subadvisers. Investment solutions are available across multiple disciplines and product types to meet a wide array of investor needs. Additional information about our firm, investment partners, and strategies is available at virtus.com. Forward-Looking Information This press release contains statements that are, or may be considered to be, forward-looking statements. All statements that are not historical facts, including statements about our beliefs or expectations, are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements may be identified by such forward-looking terminology as “expect,” “estimate,” “intent,” “plan,” “intend,” “believe,” “anticipate,” “may,” “will,” “should,” “could,” “continue,” “project,” “opportunity,” “predict,” “would,” “potential,” “future,” “forecast,” “guarantee,” “assume,” “likely,” “target,” or similar statements or variations of such terms. Our forward- looking statements are based on a series of expectations, assumptions and projections about the company, are not guarantees of future results or performance, and involve substantial risks and uncertainty as described in our most recent Annual Report on Form 10-K and our filings with the Securities and Exchange Commission, which are available in the Investor Relations section of our website, virtus.com. All forward-looking statements are as of the date of this release only. The company can give no assurance that such expectations or forward- looking statements will prove to be correct. Actual results may differ materially. You are urged to carefully consider all such factors. # # # Contacts Sean Rourke, Investor Relations (860) 263-4709 sean.rourke@virtus.com Laura Parsons, Media Relations (860) 503-1382 laura.parsons@virtus.com