As CAO, Ms. Burke will oversee Finance, Legal, Compliance, Internal Audit, Human Capital, Corporate and Information Security, and Operations and Technology. In his role as Head of Global Technology and Operations, Mr. Sprules will lead the firm's investments in new technology and infrastructure solutions to best serve clients.
"These changes are a testament of our commitment to fulfilling AB's long-term succession plans, while recognizing the deep bench of talent within the firm," said
In conjunction with these new leadership appointments,
"Our success depends in part upon our ability to evolve our organization and provide opportunities for our people to capitalize on industry changes to make AB more relevant to our clients. These leadership appointments enable Kate and Karl to build upon the strong capabilities we have in our corporate functions while allowing Jim to focus his considerable abilities on completing the
About AllianceBernstein
AllianceBernstein is a leading global investment management firm that offers high-quality research and diversified investment services to institutional investors, individuals and private wealth clients in major world markets.
As of March 31, 2019, including both the general partnership and limited partnership interests in AllianceBernstein, AllianceBernstein Holding owned approximately 35.2% of AllianceBernstein and AXA Equitable Holdings, Inc. ("EQH"), directly and through various subsidiaries, owned an approximate 65.6% economic interest in AllianceBernstein. Additional information about AB may be found on our website, www.alliancebernstein.com.
View original content:http://www.prnewswire.com/news-releases/ab-announces-new-leadership-roles-300862125.html
SOURCE
Hallie Elsner, Investors, 212.969.6943, hallie.elsner@alliancebernstein.com, Jen Will, Media, 212.969.1157, jen.will@alliancebernstein.com