Marcy Engel Appointed to AMG's Board of Directors
AMG, a pivotal player in the global investment management landscape, is thrilled to announce the appointment of Marcy Engel to its Board of Directors, effective September 30, 2025. This change accompanies the retirement of Dwight D. Churchill, who has been an integral part of the Board since February 2010.
Marcy Engel's Professional Background
Marcy Engel’s extensive background in financial services includes her recent tenure at Sculptor Capital Management, where she served from June 2018 until its acquisition by Rithm Capital in 2023. As Chairperson of the board from 2021 to 2023, Engel demonstrated her leadership acumen. Previously, she held key roles at Eton Park Capital Management as Chief Operating Officer and General Counsel, where she oversaw the firm’s operational integrity. Engel also brings experience from Citigroup, where she was Managing Deputy General Counsel, contributing to her profound insight into the industry.
Significance of the Appointments
This board change resonates with AMG's strategic vision to strengthen its leadership and governance. Loren M. Starr, Chair of AMG's Board, expressed enthusiasm about Engel's appointment, highlighting her rich experience across various sectors of finance. "Marcy brings a wealth of knowledge, having navigated the intricacies of alternative investments and corporate governance. We are excited for the perspectives she will bring to our Board," he stated.
A Fond Farewell to Dwight D. Churchill
With heartfelt reflections, Dwight D. Churchill announced his retirement after fifteen impactful years. He expressed gratitude for the camaraderie and the professional experiences that shaped his tenure. Churchill’s leadership roles included Chair of the Audit Committee and most recently as interim Chair, where his insights have been invaluable to AMG. "Serving on the Board has been a meaningful experience, and I cherish the relationships I've built here," he shared.
Looking Ahead: The Future of AMG
As AMG anticipates the future, the Board and management team are excited for the fresh perspectives Engel will provide. Jay C. Horgen, CEO of AMG, noted the significance of Engel's varied experiences and foresight, which align with the company's mission to support independent investment management. With approximately $771 billion in assets under management as of June 30, 2025, AMG is poised for continued growth and innovation.
Commitment to Stakeholders
AMG remains steadfast in its commitment to generating long-term value for its partners and shareholders. Engel’s addition to the Board is seen as a strategic move to amplify the company’s already robust governance framework. As AMG seeks to thrive in an ever-evolving financial landscape, the expertise and insights provided by seasoned professionals on the board are more critical than ever.
Frequently Asked Questions
Who is Marcy Engel?
Marcy Engel is the newly appointed Board member of AMG, bringing her extensive experience in financial services, including leadership roles at Sculptor Capital and Eton Park.
What is Dwight Churchill's contribution to AMG?
Dwight Churchill has served on AMG's Board for fifteen years, contributing significantly through various leadership roles and providing valuable insights during his tenure.
Why is Engel's appointment significant for AMG?
Engel's diverse experience across the financial sector is expected to enhance AMG's governance and provide fresh insights that align with the company's strategic goals.
What are AMG's assets under management?
As of June 30, 2025, AMG's aggregate assets under management were approximately $771 billion, demonstrating the company’s strong market position.
How does AMG support its shareholders?
AMG focuses on generating long-term value by investing in high-quality partner-owned firms and maintaining a strategic approach to resource allocation.
