Equitable Holdings Appoints Douglas Dachille to the Board of Directors
15 Gennaio 2025 - 10:15PM
Business Wire
Equitable Holdings, Inc. (NYSE: EQH) today announced the
appointment of Douglas Dachille as an independent member of its
Board of Directors, effective immediately.
Mr. Dachille has amassed a distinguished career across three
decades with proven expertise in the most strategic matters facing
the insurance, banking and asset management industries. This
includes leading complex corporate transactions, understanding
capital markets and designing innovative investment solutions to
meet insurance liabilities.
“On behalf of the Board of Directors, I am delighted to welcome
Doug Dachille to Equitable Holdings,” said Joan Lamm-Tennant, Chair
of the Equitable Holdings Board of Directors. “His experience
leading insurance and asset management organizations will be
instrumental as we continue to enhance the company’s value and
navigate the evolving industry and macro-economic environment.”
Mr. Dachille served as Chief Investment Officer of American
International Group Inc. (AIG) from 2015 until 2021, overseeing a
$350 billion portfolio. During this time, he played a critical role
stabilizing the company after the financial crisis and its
subsequent financial recovery. Mr. Dachille joined AIG when it
acquired First Principles Capital Management, an institutional
fixed income asset manager, which he co-founded and led as Chief
Executive Officer. Prior to co-founding First Principles, he was
President and Chief Operating Officer of Zurich Capital Markets.
Mr. Dachille began his career at JPMorgan Chase, where he held a
variety of leadership roles including Global Head of Proprietary
Trading and Co-Treasurer.
“Doug brings to us relevant experience across our integrated
advice, retirement and asset management businesses,” said Mark
Pearson, President and Chief Executive Officer of Equitable
Holdings. “His unparalleled industry perspective will help guide us
as we continue to deliver on our financial commitments, grow our
businesses and create value for our shareholders.”
Mr. Dachille currently serves as an independent director of the
BridgeBio Pharma, Inc. Board of Directors and previously served on
the board of directors for Lyndra Therapeutics®. He earned a
Bachelor of Science degree from Union University through a joint
program with Albany Medical College, and later earned an MBA from
the University of Chicago, where he was named a Pew Scholar.
About Equitable Holdings:
Equitable Holdings, Inc. (NYSE: EQH) is a leading financial
services holding company comprised of complementary and
well-established businesses, Equitable, AllianceBernstein and
Equitable Advisors. Equitable Holdings has $1.0 trillion in assets
under management and administration (as of 9/30/2024) and more than
5 million client relationships globally. Founded in 1859, Equitable
provides retirement and protection strategies to individuals,
families, and small businesses. AllianceBernstein is a global
investment management firm that offers diversified investment
services to institutional investors, individuals, and private
wealth clients. Equitable Advisors has 4,400 duly registered and
licensed financial professionals that provide financial planning,
wealth management, retirement planning, protection, and risk
management services to clients across the country.*
* Securities and investment advisory products and services
offered through Equitable Advisors, LLC (member FINRA, SIPC), a
broker-dealer and SEC-registered investment advisor; insurance and
annuities offered through Equitable Network, LLC. Reference to the
1859 founding applies specifically and exclusively to Equitable
Financial Life Insurance Company (Equitable Financial) (NY,
NY).
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version on businesswire.com: https://www.businesswire.com/news/home/20250115470700/en/
Investor Relations Erik Bass (212) 314-2476
IR@equitable.com
Media Relations Laura Yagerman (212) 314-2010
mediarelations@equitable.com
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