AMG Appoints G. Staley Cates to its Board of Directors

Core Viewpoint - AMG announces the retirement of Karen L. Alvingham from its Board of Directors and the appointment of G. Staley Cates, effective April 1, 2026, highlighting a transition in leadership and continued commitment to long-term value creation [2][4]. Group 1: Board Changes - G. Staley Cates will join AMG's Board of Directors on April 1, 2026, bringing extensive experience from his tenure at Southeastern Asset Management [2][3]. - Karen L. Alvingham, who has served on the Board since January 2018, will retire on the same date, with appreciation expressed for her contributions during a significant growth period for AMG [2][4]. Group 2: Leadership and Strategy - Jay C. Horgen has been re-appointed as President, effective April 1, 2026, and will continue in his role as Chief Executive Officer, indicating stability in leadership [4]. - AMG's strategy focuses on generating long-term value by investing in high-quality independent partner-owned firms, with a reported aggregate assets under management of approximately $813 billion as of December 31, 2025 [5].