AllianceBernstein names Onur Erzan CEO effective April 1, 2027; Seth Bernstein to retire
AllianceBernstein said CEO Seth Bernstein will retire on March 31, 2027, and President Onur Erzan will succeed him as President and Chief Executive Officer effective April 1, 2027. Bernstein will remain on the AB Board of Directors, and Erzan will join the board on the same date, so shareholders face a planned leadership transition rather than a change in reported financial results.
Key points
- Seth Bernstein retires as CEO effective March 31, 2027; he will continue on the AB Board of Directors.
- Onur Erzan, age 50, has been AB's President since January 5, 2026 and will become President and CEO effective April 1, 2027.
- Erzan's fiscal 2027 total compensation target is $13.5 million, including a $650,000 base salary and a $5.8 million cash bonus.
- Bernstein's retirement agreement includes a $2.5 million restricted unit grant and a $1.0 million 2026 Equitable Holdings award; AB reported $919 billion in assets under management as of August 31, 2026.
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing 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 September 25, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.