Business Context and Reporting Period
Company: Artisan Partners Asset Management Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: October 29, 2019
Reporting Period: The filing announces consolidated financial and operating results for the three and nine months ended September 30, 2019. Specific financial figures are contained in attached Exhibits 99.1 and 99.2 and are not detailed within the body of this 8-K text.
Key Financial Metrics
The text of this Form 8-K does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. It serves as a notification that these results are available in the attached press release (Exhibit 99.1) and earnings release (Exhibit 99.2).
Material Changes and Corporate Events
- Executive Appointment: On October 23, 2019, the Board of Directors approved the appointment of Christopher J. Krein as Executive Vice President, effective January 1, 2020.
- Role Transition: Mr. Krein will assume the role of Head of Global Distribution. He will transition from his current role as Business Leader for the Artisan Developing World team during the remainder of 2019.
- Leadership Shift: James S. Hamman, Jr., the current Head of Global Distribution, will transition back to leading the firm's corporate development efforts.
Guidance, Outlook, and Risks
The filing text does not contain specific guidance, outlook statements, risk factors, or management commentary regarding future performance. It explicitly states that the information furnished in Item 2.02 and the attached exhibits shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) and Exhibit 99.2 (Earnings Release) for actual financial figures for the three and nine months ended September 30, 2019.
- Verify the effective date of Christopher J. Krein's new role as Head of Global Distribution (January 1, 2020).
- Confirm the transition timeline for James S. Hamman, Jr. returning to corporate development duties.