BrightSphere Investment Group plc Appoints Mary Elizabeth Beams as Independent Director; Approves Quarterly Interim Dividend, Payable on December 28, 2018
November 01, 2018 at 08:06 am
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BrightSphere Investment Group plc announced that on October 29, 2018, the Board of Directors of the company elected Mary Elizabeth (Maliz) Beams as an independent Director of the company, effective as of the date of the final closing of the Repurchase. Ms. Beams served as the CEO of Retirement Solutions at Voya from 2011 until 2015. During her time at Voya, she helped lead the company's spinoff from ING and facilitated the turnaround of 12 businesses that accounted for nearly two-thirds of Voya's ongoing operating earnings. More recently, Ms. Beams served as Counselor at the Department of State from June 2017 to December 2017.
The company's Board of Directors approved a quarterly interim dividend of $0.10 per share payable on December 28, 2018 to shareholders of record as of the close of business on December 14, 2018.
Brightsphere Investment Group Inc. is a diversified asset management company. The Company provides investment management services globally, predominantly to institutional investors. The Company operates through its subsidiary, Acadian Asset Management LLC (Acadian). Acadian is a systematic investment manager of active global, international equity and alternative strategies. The Company operates through one segment: the Quant and Solutions segment. The Quant and Solutions segment is comprised of leverage data and technology in a computational, factor-based investment process across a range of asset classes in developed and emerging markets, including global, non- United States and small-cap equities, as well as managed volatility, systematic macro, equity alternatives, and credit strategies. Through Acadian, the Company offers a diverse range of actively managed investment strategies and products to institutional investors around the globe.
BrightSphere Investment Group plc Appoints Mary Elizabeth Beams as Independent Director; Approves Quarterly Interim Dividend, Payable on December 28, 2018