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AI brief of an SEC Form 8-K · Acadian Asset Management (AAMI)

BrightSphere names Kelly Young CEO, to rename Acadian Asset Management Inc.

Neutral Impact 4 of 5 leadership Written later

BrightSphere Investment Group said Kelly Young, CEO of its sole remaining affiliate Acadian Asset Management, will become President, CEO and a director effective January 1, 2025, succeeding Suren Rana, who steps down December 31, 2024. The company also plans to rename itself Acadian Asset Management Inc. and change its NYSE ticker from BSIG to AAMI, after divesting six of its seven affiliates. The filing sets out Young's $650,000 base salary, a $8.35 million target bonus and severance terms that include up to 24 months of base salary continuation.

Key points

  • Kelly Young to become President, CEO and director effective January 1, 2025; Suren Rana steps down as CEO effective December 31, 2024.
  • Young's employment agreement sets a $650,000 annual base salary and a $8.35 million target bonus.
  • Company to be renamed Acadian Asset Management Inc., effective January 1, 2025; NYSE ticker changes from BSIG to AAMI, with trading under the new name on or about January 2, 2025.
  • Acadian had approximately $113 billion of assets under management as of June 30, 2024.

The filing

CompanyAcadian Asset Management (AAMI)
Form8-K, current report
Filed with the SECOct 1, 2024, 4:06 PM ET
Accession number0001748824-24-000041

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:39 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 01, 2024.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.