Business Context and Reporting Period
This Form 8-K Current Report was filed by Artisan Partners Asset Management Inc. on April 6, 2023, with a signature date of April 12, 2023. The filing primarily addresses executive leadership transitions and the release of preliminary assets under management (AUM) data as of March 31, 2023.
Key Financial Metrics
The filing references a press release (Exhibit 99.1) containing preliminary AUM figures as of March 31, 2023. However, the text of this 8-K does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. The filing text does not provide a clear value for these metrics.
Material Changes
- Executive Departure: Sarah A. Johnson, Executive Vice President, Chief Legal Officer, and Secretary, notified the Company of her intention to retire effective March 1, 2024.
- Executive Appointment: Laura E. Simpson, currently General Counsel, is scheduled to transition into the role of Executive Vice President, Chief Legal Officer, and Corporate Secretary. This appointment is expected to occur in the fourth quarter of 2023.
- AUM Reporting: The Company issued a press release on April 12, 2023, reporting preliminary AUM data for the quarter ended March 31, 2023.
Guidance, Outlook, and Risks
The filing does not contain forward-looking guidance, management commentary on future performance, or specific risk factors beyond the standard disclosure of the executive transition. The primary operational change noted is the planned succession of the Chief Legal Officer role.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release dated April 12, 2023) for the specific preliminary AUM figures as of March 31, 2023.
- Confirm the exact effective date of Laura E. Simpson's appointment in Q4 2023.
- Monitor future filings for the formal retirement of Sarah A. Johnson in March 2024.