SEI Honors Founder Alfred P. West, Jr. as He Retires from Executive Chairman Role After 57 Years of Innovation

Core Insights - SEI announces the resignation of founder Alfred P. West, Jr. as part of a planned transition, effective January 1, 2026, with Carl A. Guarino appointed as the new Chairman of the Board [1][2] Company Overview - SEI Investments, founded in 1968, has grown from a small financial technology startup to a global publicly traded company managing approximately $1.8 trillion in assets and generating over $2.1 billion in annual revenues [2][8] - The company specializes in financial technology, operations, and asset management services, aiming to help clients effectively deploy their capital [7] Leadership Transition - Alfred P. West, Jr. has served as CEO for 54 years and has been instrumental in SEI's growth and success, providing strategic vision and industry expertise [2][4] - Carl A. Guarino, who has been an independent director since 2014, will take over as Chairman, bringing nearly 40 years of executive leadership experience [5][6] Future Direction - Guarino expresses commitment to building on West's legacy and emphasizes the importance of innovation and client relationships in driving long-term value for stakeholders [5][6]