AMG, a strategic partner to leading independent investment management firms globally, has announced the appointment of Thomas M. Wojcik as President, effective June 3, 2025. Mr. Wojcik, who has been with the company since 2019 and previously served as Chief Operating Officer, will also continue in that role. Jay C. Horgen, previously President and Chief Executive Officer, will continue as Chief Executive Officer. Under Mr. Wojcik's leadership, AMG has evolved and expanded its participation in secular growth areas, with growth investments in new and existing affiliates contributing to an increased exposure to private markets and liquid alternative strategies, which now contribute half of the company's earnings.
Since Mr. Wojcik joined AMG in 2019, the company's aggregate assets under management have grown to approximately $712 billion as of March 31, 2025, across a diverse range of private markets, liquid alternative, and differentiated long-only investment strategies.
Mr. Wojcik's leadership and contributions have played an instrumental role in the development and execution of AMG's growth strategy, furthering the company's strategic success and cultural evolution. Prior to joining AMG, he held leadership roles at BlackRock, Inc., including global head of corporate development and investor relations, head of strategy for the Americas and EMEA, and chief financial officer for EMEA.
This appointment comes as AMG continues to focus on expanding its participation in growth areas and forming partnerships with outstanding new affiliates, as well as alongside existing affiliates, to develop innovative solutions for clients. As an integral member of the executive team, Mr. Wojcik's leadership and wide range of contributions over the years have positioned AMG for future success as the company continues to execute on its unique opportunity set. As a result of these announcements, the company's shares have moved 1.08% on the market, and are now trading at a price of $182.29. For the full picture, make sure to review AFFILIATED MAN's 8-K report.