NEW YORK, Aug. 26, 2020 /PRNewswire/
-- AllianceBernstein L.P. ("AB") and AllianceBernstein Holding
L.P. ("AB Holding") (NYSE: AB), today announced that Ali Dibadj, in addition to his current role as
Head of Strategy at AB, will assume the title of Chief Financial
Officer ("CFO"). This change will take effect February 2021.
Mr. Dibadj joined AB in 2006 as a senior research analyst for
Bernstein Research. In 2019, he co-led AB's Strategy Committee to
help senior management chart the strategic vision and course of
action for the firm. Mr. Dibadj was appointed Head of Finance and
Strategy in March 2020.
"I am confident that Ali's appointment will help AB maintain its
healthy positioning, continue to advance our growth aspirations and
further position our firm to succeed in the future," said
Seth Bernstein, President and CEO of
Mr. Dibadj will succeed John
Weisenseel, current CFO, who will retire from the firm in
September 2021. Mr. Weisenseel will
remain as CFO through February 2021
and then transition into a senior advisor role until his
September 2021 retirement.
"Since joining AB in 2012, John has excelled in his mandate as
CFO and brought his expansive financial expertise to our firm,
helping AB position itself favorably to the investment community.
John has greatly improved our finance teams and functions, and
since 2018 has helped the firm successfully relocate to
Nashville. I'd like to take a
moment to recognize John for his myriad contributions to the firm
as he will be missed both personally and professionally," said
AllianceBernstein is a leading global investment management firm
that offers high-quality research and diversified investment
services to institutional investors, individuals and private wealth
clients in major world markets.
As of June 30, 2020, including
both the general partnership and limited partnership interests in
AllianceBernstein, AllianceBernstein Holding owned approximately
35.5% of AllianceBernstein and Equitable Holdings, Inc. ("EQH"),
directly and through various subsidiaries, owned an approximate
65.2% economic interest in AllianceBernstein.
Additional information about AB may be found on our website,