OM Asset Management (OMAM) Tops Q4 EPS by 3c
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OMAM Reports Financial and Operating Results for the Fourth Quarter and Year Ended December 31, 2017
February 1, 2018 7:55 AM ESTCompany Appoints Stephen H. Belgrad as President and Chief Executive Officer
U.S. GAAP net loss of $(48.8) million ($(0.45) per share) for the quarter, compared to net income of $25.3 million ($0.21 per share) for the 2016 period, and net income of $4.2 million ($0.04 per share) for the year compared to $126.4 million ($1.05 per share) for full-year 2016 Economic net income of $48.7 million ($0.44 per share) for the quarter, up 25.2% compared to the 2016 period, and $180.9 million ($1.62 per share) for the year, up 24.7% compared to the 2016 period AUM of $243.0 billion at December 31, 2017... MoreOMAM Appoints Steve Belgrad as President and Chief Executive Officer
February 1, 2018 7:55 AM ESTLONDON--(BUSINESS WIRE)-- The Board of Directors of OM Asset Management plc (NYSE: OMAM) announced that it has appointed Stephen H. Belgrad as President and Chief Executive Officer of OMAM, effective March 2. Mr. Belgrad joined OMAMs Board of Directors effective January 30.
It is with great enthusiasm that we announce Steves appointment as President and Chief Executive Officer, said James J. Ritchie, OMAMs Chairman and Interim CEO. After a broad-based search that included a number of highly qualified candidates, the Board believes that Steve brings the talent and wide range of skills... More
