SEI Appoints Sean Denham as CFO

About this update from Sei Investments Company

[{"type":"text","content":"OAKS, Pa., Feb. 5, 2024 /PRNewswire/ -- SEI® (NASDAQ:SEIC) today announced the appointment of Sean Denham as an Executive Vice President and Chief Financial Officer, reporting to CEO Ryan Hicke. Denham's employment will begin on March 18, 2024, and his appointment as CFO will be effective on the day following the resignation of current CFO Dennis McGonigle, whose departure plans were announced by SEI in July 2023. SEI currently expects McGonigle's resignation to be effective on the day of the filing of the company's first-quarter 2024 Form 10-Q.\n\nDenham succeeds McGonigle, who has served in a number of different roles and leadership positions at SEI for nearly 40 years. Upon his appointment, Denham will be responsible for leading finance and accounting, corporate controllership, business management, enterprise risk management, and investor relations functions, as well as administering the internal audit function.\nHicke said:\n\"Our financial strength reinforces the foundation from which we execute our strategic focus on driving growth and delivery for our clients. Sean leads by example and embodies the values that our stakeholders expect from us to the same degree as Dennis. I'm confident our organization and executive leadership team will benefit from Sean's perspectives and experience, his insights will resonate with our investor community, and Sean's influence will be a catalyst for our future growth.\n\"We expect Dennis will move into an advisory role across SEI, which could include Board positions, continued support of Sean's transition, and working closely with me on strategic initiatives. I want to thank him for his significant and countless contributions to SEI's culture and success for almost four decades. Dennis' years of hard work have created a vibrant team with deep institutional knowledge and set a strong financial and cultural foundation that will be a platform for a seamless transition of his responsibilities. He's been a friend, advisor, and colleague to me and so many. We will benefit from his legacy for years and years to come.\"\nDenham brings deep experience from advising C-suite executives at Fortune 500 corporations in connection with their most mission critical issues in the areas of accounting, audit, advisory services, risk management, and mergers and acquisitions. He began his career in audit and M&...

More updates from Sei Investments Company