Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Jay C. Horgen earned $11.85M in total compensation at Affiliated Managers Group, including $750.00K salary, $4.81M bonus and $6.23M in stock. Most recently sold 18,300 shares in Aug 2024. Currently holds stock worth $151.96M. Has donated $3.32M in stock to charitable causes. 6+ years at the helm of Affiliated Managers Group.

Compensation History

Annual executive compensation data for Jay C. Horgen, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$11.85M

Salary

$750.00K

Bonus

$4.81M

Other

$66.82K

Salary

$750.00K

Board Justification

The compensation program is designed to align management incentives with long-term stockholder interests, focusing on attracting, retaining, and motivating key members of senior management while avoiding excessive risk-taking.

Bonus

$4.81M

Board Justification

Performance-based cash bonuses awarded in recognition of performance in 2023, determined using the Performance Assessment scorecard and framework, applying a formulaic score to Target Total Payout levels set based on peer benchmarking.

Other Compensation

$66.82K

Board Justification

Other compensation consisted of contributions to a 401(k) profit-sharing or similar pension plan, medical benefits, life and long-term disability insurance premiums, and tax preparation services.

Restricted Stock

$6.23M6.23M RSU

Board Justification

The value of the stock awards that vested in 2023, which were granted in recognition of performance in 2022, and are tied to the achievement of rigorous pre-established performance targets.

Performance Metrics

Performance metrics include Annual Management Fee EBITDA, Annual Economic Earnings per Share (EEPS), Total Stockholder Return (TSR), and AUM Contribution from Selected Strategic Target Areas.

A

Jay C. Horgen

CEO of Affiliated Managers Group

Field of Expertise

Business & Management

Sector of Economy

Financial Services

CEO of Affiliated Managers Group for

6 years 7 months (May 2019 - Present)

Previous Experience

Various roles at Affiliated Managers Group, including President and Chief Financial Officer

Holdings

Track Jay C. Horgen's stock holdings and portfolio value over time.

Total Stock Sold

$64.62M

AMG

$64.62M

416,443 AMG shares

What if they kept their stock?

If Jay C. Horgen didn't sell their stock, today they would have:
Extra AMG416,443 shares worth $113.14M.
This is 75.1% and $48.53M more than what they got when they sold the stock.

Charitable Transactions

AMG

12,223 shares

AMG

Recent Charitable Transactions

AMG

6,000 shares

AMG

Jan 1, 2022

Charity

AMG

4,525 shares

AMG

Jan 1, 2019

Charity

AMG

600 shares

AMG

Jan 1, 2017

Charity

AMG

288 shares

AMG

Jan 1, 2016

Charity

AMG

250 shares

AMG

Jan 1, 2015

Charity

AMG

560 shares

AMG

Dec 18, 2013

Charity

Insider Trading

Jay C. Horgen's recent stock transactions, purchases, and sales filed with the SEC.

AMG

$3.13M

AMG at $170.95/share

Aug 19, 2024

Sale

AMG

22,611 shares

AMG

Mar 5, 2024

Received

AMG

60,814 shares

AMG

Mar 5, 2023

Received

AMG

33,402 shares

AMG

Mar 5, 2022

Received

AMG

6,000 shares

AMG

Jan 1, 2022

Charity

AMG

$316.02K

AMG at $158.01/share

Sep 14, 2021

Purchase

AMG

19,298 shares

AMG

Mar 5, 2021

Received

AMG

$544.92K

AMG at $136.23/share

Feb 9, 2021

Purchase

AMG

$339.50K

AMG at $67.90/share

Sep 1, 2020

Purchase

AMG

$592.60K

AMG at $59.26/share

May 13, 2020

Purchase

Rivals

Compare Jay C. Horgen with competitor CEOs and industry peers.