Affiliated Managers Group, Inc.

DB:AFS Stock Report

Market Cap: €5.3b

Affiliated Managers Group Management

Management criteria checks 3/4

Affiliated Managers Group's CEO is Jay Horgen, appointed in Feb 2019, has a tenure of 5.83 years. total yearly compensation is $14.62M, comprised of 5.1% salary and 94.9% bonuses, including company stock and options. directly owns 1.4% of the company’s shares, worth €73.96M. The average tenure of the management team and the board of directors is 5.2 years and 4.7 years respectively.

Key information

Jay Horgen

Chief executive officer

US$14.6m

Total compensation

CEO salary percentage5.1%
CEO tenure5.8yrs
CEO ownership1.4%
Management average tenure5.2yrs
Board average tenure4.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jay Horgen's remuneration changed compared to Affiliated Managers Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$546m

Jun 30 2024n/an/a

US$639m

Mar 31 2024n/an/a

US$688m

Dec 31 2023US$15mUS$750k

US$673m

Sep 30 2023n/an/a

US$1b

Jun 30 2023n/an/a

US$1b

Mar 31 2023n/an/a

US$1b

Dec 31 2022US$14mUS$750k

US$1b

Sep 30 2022n/an/a

US$546m

Jun 30 2022n/an/a

US$562m

Mar 31 2022n/an/a

US$562m

Dec 31 2021US$9mUS$750k

US$566m

Sep 30 2021n/an/a

US$503m

Jun 30 2021n/an/a

US$446m

Mar 31 2021n/an/a

US$368m

Dec 31 2020US$8mUS$750k

US$202m

Sep 30 2020n/an/a

US$109m

Jun 30 2020n/an/a

US$124m

Mar 31 2020n/an/a

US$201m

Dec 31 2019US$24mUS$649k

US$16m

Sep 30 2019n/an/a

-US$158m

Jun 30 2019n/an/a

-US$119m

Mar 31 2019n/an/a

-US$110m

Dec 31 2018US$6mUS$500k

US$244m

Sep 30 2018n/an/a

US$710m

Jun 30 2018n/an/a

US$711m

Mar 31 2018n/an/a

US$720m

Dec 31 2017US$7mUS$500k

US$690m

Compensation vs Market: Jay's total compensation ($USD14.62M) is above average for companies of similar size in the German market ($USD3.34M).

Compensation vs Earnings: Jay's compensation has been consistent with company performance over the past year.


CEO

Jay Horgen (53 yo)

5.8yrs

Tenure

US$14,617,823

Compensation

Mr. Jay C. Horgen is Chief Executive Officer, President and Director of Affiliated Managers Group, Inc. from May 29, 2019. He joined the Affiliated Managers Group, Inc. in 2007. He was President of Affilia...


Leadership Team

NamePositionTenureCompensationOwnership
Jay Horgen
CEO, President & Director5.8yrsUS$14.62m1.4%
€ 74.0m
Thomas Wojcik
Chief Operating Officerless than a yearUS$6.55m0.35%
€ 18.5m
Rizwan Jamal
Head of Affiliate Investments14.9yrsUS$6.60m0.66%
€ 34.9m
John Erickson
Head of Affiliate Engagementno dataUS$3.85m0.22%
€ 11.5m
Dava Ritchea
Chief Financial Officerless than a yearno datano data
Aaron Galis
MD & Chief Accounting Officer5.2yrsno datano data
Stephen Pruell
MD & Chief Information Officer5.9yrsno datano data
Alexandra Lynn
Chief Administrative Officerno datano datano data
Patricia Figueroa
Vice President of Investor Relationsno datano datano data
Kavita Padiyar
General Counsel & Corporate Secretary1.9yrsno data0.050%
€ 2.7m
Laura Thompson
Managing Director of Taxationno datano datano data
Benjamin Langille
Managing Director of Affiliate Partnershipsno datano datano data

5.2yrs

Average Tenure

49yo

Average Age

Experienced Management: AFS's management team is seasoned and experienced (5.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jay Horgen
CEO, President & Director5.6yrsUS$14.62m1.4%
€ 74.0m
Annette Franqui
Independent Directorless than a yearno datano data
Reuben Jeffery
Independent Chair4.7yrsUS$330.25k0.11%
€ 6.0m
Tracy Palandjian
Independent Director12.8yrsUS$327.25k0.046%
€ 2.4m
Dwight Churchill
Independent Director14.8yrsUS$444.53k0.085%
€ 4.5m
Karen Alvingham
Independent Director6.9yrsUS$307.25k0.032%
€ 1.7m
David Ryan
Independent Director3.4yrsUS$310.25k0.0052%
€ 276.0k
Felix Matos Rodriguez
Independent Director3.9yrsUS$320.79k0.0074%
€ 390.7k
Loren Starr
Independent Director1.3yrsno datano data

4.7yrs

Average Tenure

62yo

Average Age

Experienced Board: AFS's board of directors are considered experienced (4.7 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 21:08
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

Affiliated Managers Group, Inc. is covered by 14 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Alexander ParisBarrington Research Associates, Inc.
Craig SiegenthalerBofA Global Research
William KatzCitigroup Inc