People: AllianceBernstein Holding LP (AB)
AB on New York Consolidated
25.62USD
17 May 2013
25.62USD
17 May 2013
Price Change (% chg)
$0.38 (+1.51%)
$0.38 (+1.51%)
Prev Close
$25.24
$25.24
Open
$25.59
$25.59
Day's High
$25.63
$25.63
Day's Low
$25.33
$25.33
Volume
456,276
456,276
Avg. Vol
348,095
348,095
52-wk High
$25.81
$25.81
52-wk Low
$11.44
$11.44
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Peter Kraus |
60 | 2008 | Chairman of the Board, Chief Executive Officer of the General Partner |
John Weisenseel |
53 | 2012 | Chief Financial Officer, Senior Vice President of the General Partner |
Robert van Brugge |
44 | 2011 | Chairman and Chief Executive Officer of SCB LLC |
James Gingrich |
54 | 2011 | Chief Operating Officer of the General Partner |
Laurence Cranch |
66 | 2004 | General Counsel of the General Partner |
Lori Massad |
48 | 2011 | Chief Talent Officer, Head - Human Capital of the General Partner |
Peter Tobin |
68 | 2005 | Lead Independent Director of the General Partner |
Christopher Condron |
65 | 2001 | Director of the General Partner |
Henri de Castries |
58 | 1993 | Director of the General Partner |
Denis Duverne |
59 | 1996 | Director of the General Partner |
Andrew McMahon |
45 | 2012 | Director of the General Partner |
Kevin Molloy |
42 | 2011 | Director of the General Partner |
Mark Pearson |
54 | 2011 | Director of the General Partner |
Steven Elliott |
66 | 2011 | Independent Director of the General Partner |
Deborah Hechinger |
62 | 2007 | Independent Director of the General Partner |
Weston Hicks |
56 | 2005 | Independent Director of the General Partner |
Lorie Slutsky |
60 | 2002 | Independent Director of the General Partner |
A. Smith |
69 | 2005 | Independent Director of the General Partner |
Biographies
| Name | Description |
|---|---|
Peter Kraus |
Mr. Peter S. Kraus is Chairman of the Board, Chief Executive Officer of AllianceBernstein Corporation, the General Partner of AllianceBernstein Holding L.P., since December 2008. He served as an executive vice president, the head of global strategy and a member of the Management Committee of Merrill Lynch & Company Inc. (“Merrill Lynch”) from September 2008 through December 2008. Mr. Kraus spent 22 years with Goldman Sachs Group Inc. (“Goldman”), where he most recently served as co-head of the Investment Management Division and a member of the Management Committee, as well as head of firm-wide strategy and chairman of the Strategy Committee. Mr. Kraus also served as co-head of the Financial Institutions Group. He was named a partner at Goldman in 1994 and managing director in 1996. In April 2010, Mr. Kraus was appointed a member of the Management Committee of AXA, which was formed by Mr. de Castries in April 2010 to assist him with the operational management of AXA. He was named a Director of AXA Financial, AXA Equitable, MONY Life Insurance Company (a wholly-owned subsidiary of AXA Financial, “MONY”) and MONY Life Insurance Company of America (a wholly-owned subsidiary of MONY, “MLOA”) in February 2009. He is not compensated for serving in these roles for AXA and its subsidiaries. Mr. Kraus is also Chairman of the Investment Committee of Trinity College, Chair of the Board of Overseers of CalArts, Co-Chair of the Friends of Carnegie International, a member of the board of directors of Lincoln Center for the Performing Arts and the chairman of Lincoln Center’s Art Committee, a member of the board of Keewaydin Foundation, and a member of the National Board of Young Audiences, Inc., a non-profit organization that works with educational systems, the arts community and private and public sectors to provide arts education to children. |
John Weisenseel |
Mr. John C. Weisenseel is Chief Financial Officer, Senior Vice President of AllianceBernstein Corporation, the General Partner of AllianceBernstein Holding L.P., since May 14, 2012. From 2004 to April 2012, he worked at The McGraw Hill Companies (“McGraw Hill”), where he served initially as Senior Vice President and Corporate Treasurer and, since 2007, as Chief Financial Officer of the firm’s Standard & Poor’s subsidiary. Prior to joining McGraw Hill, Mr. Weisenseel was Vice President and Corporate Treasurer for Barnes & Noble, Inc. Before that, he spent ten years in various derivatives trading and financial positions at Citigroup. A Certified Public Accountant, Mr. Weisenseel also worked at KPMG LLP. |
Robert van Brugge |
Mr. Robert P. van Brugge is Chairman, Chief Executive Officer of SCB LLC, subsidiary of AllianceBernstein Corporation, the General Partner of AllianceBernstein Holding L.P., since December 2011. Prior to becoming Chairman and CEO, Mr. van Brugge served as Global Director of Research from January 2008 to December 2011. He joined the firm in 2002 as a senior research analyst on the sell side. |
James Gingrich |
Mr. James A. Gingrich is Chief Operating Officer of AllianceBernstein Corporation, the General Partner of AllianceBernstein Holding L.P. He joined Company's firm in 1999 as a senior research analyst with SCB LLC and has been firm’s Chief Operating Officer since December 2011. Prior to becoming COO, Mr. Gingrich held senior managerial positions with SCB LLC, including Chairman and Chief Executive Officer of SCB LLC from February 2007 to November 2011 and Global Director of Research from December 2002 to January 2007. |
Laurence Cranch |
Mr. Laurence E. Cranch is General Counsel of AllianceBernstein Corporation, the General Partner of AllianceBernstein Holding L.P. He has been General Counsel since he joined the firm in 2004. Prior to joining AllianceBernstein, Mr. Cranch was a partner of Clifford Chance, an international law firm. Mr. Cranch joined Clifford Chance in 2000 when Rogers & Wells, a New York law firm of which he was Managing Partner, merged with Clifford Chance. |
Lori Massad |
Ms. Lori A. Massad is Chief Talent Officer, Head - Human Capital of AllianceBernstein Corporation, the General Partner of AllianceBernstein Holding L.P. She joined the firm in 2006 as Chief Talent Officer. In February 2009, her role was expanded to include oversight of Human Capital in addition to Talent Development. Prior to joining firm, Ms. Massad served as Chief Talent Officer and Chief Operating Officer at Marakon Associates, a strategy consulting firm from 2004 to 2006. Before joining Marakon, Ms. Massad was a founding member of two start-ups: Spencer Stuart Talent Network (in 2001) and EmployeeMatters, a human resources outsourcing firm (in 2000). Prior to helping found EmployeeMatters, she spent eight years at The Boston Consulting Group, where she became a senior manager on the consulting staff and leader of the firm’s recruiting, training and development programs. While with The Boston Consulting Group, Ms. Massad was also an adjunct professor at New York University’s Leonard Stern School of Business. |
Peter Tobin |
Mr. Peter J. Tobin is Lead Independent Director of AllianceBernstein Corporation, the General Partner of AllianceBernstein Holding L.P. He was elected a Director of the General Partner in May 2000. From September 2003 to June 2005, he was Special Assistant to the President of St. John’s University. Prior thereto, Mr. Tobin served as Dean of the Tobin College of Business of St. John’s University from August 1998 to September 2003. As Dean, Mr. Tobin was the chief executive and academic leader of the College of Business. Mr. Tobin was Chief Financial Officer at The Chase Manhattan Corporation from 1996 to 1997. Prior thereto, he was Chief Financial Officer of Chemical Bank (which merged with Chase in 1996) from 1991 to 1996 and Chief Financial Officer of Manufacturers Hanover Trust (which merged with Chemical in 1991) from 1985 to 1991. Mr. Tobin has served on the board of directors of CIT Group Inc. (NYSE: CIT) since 1985 (except for one year during which CIT Group was owned by Tyco). Until his retirement in February 2012, he had been a Director of AXA Financial and AXA Equitable since March 1999 and also served on AXA Financial’s Audit Committee, Investment Committee, Investment and Finance Committee, Organization and Compensation Committee, and Executive Committee. |
Christopher Condron |
Mr. Christopher M. Condron is Director of AllianceBernstein Corporation, the General Partner of AllianceBernstein Holding L.P., since May 2001. Formerly Director, President and Chief Executive Officer of AXA Financial since May 2001, he retired from his AXA positions effective January 1, 2011. Prior to retiring, he was also Chairman of the Board, Chief Executive Officer and President of AXA Equitable and a member of the Management Committee of AXA. In addition, Mr. Condron was Chairman of the Board, President and Chief Executive Officer of MONY and MLOA, which AXA Financial acquired in July 2004. During 2010, he assumed the additional responsibility of overseeing AXA’s Global Life & Savings and Health businesses. Prior to joining AXA Financial, Mr. Condron served as both President and Chief Operating Officer of Mellon Financial Corporation (“Mellon”), from 1999, and as Chairman and Chief Executive Officer of The Dreyfus Corporation, a subsidiary of Mellon, from 1995. Mr. Condron has been a member of the Board of Directors of Keefe Bruyette & Woods, Inc. (NYSE: KBW), a full-service investment bank and broker-dealer, since January 2007. He also serves as Chairman of Keefe Bruyette & Woods’s compensation committee and as a member of its audit committee and its corporate governance and nominating committee. |
Henri de Castries |
Mr. Henri de Castries is Director of AllianceBernstein Corporation, the General Partner of AllianceBernstein Holding L.P., since October 1993. In April 2010, in connection with a change in AXA’s governance structure from dual boards (the Supervisory Board and the Management Board) to a single Board of Directors, Mr. de Castries was appointed Chairman and Chief Executive Officer of AXA. From May 2000 through the change in AXA’s governance, Mr. de Castries was Chairman of the AXA Management Board. Prior thereto, he served AXA in various capacities, including Vice Chairman of the AXA Management Board; Senior Executive Vice President-Financial Services and Life Insurance Activities in the United States, Germany, the United Kingdom and Benelux from 1996 to 2000; Senior Executive Vice President-Financial Services and Life Insurance Activities from 1993 to 1996; Corporate Secretary from 1991 to 1993; and Central Director of Finances from 1989 to 1991. Before joining AXA, Mr. de Castries was part of the French Finance Ministry Inspection Office. He is a director or officer of AXA Financial, AXA Equitable and various other privately-held subsidiaries and affiliates of the AXA Group. Mr. de Castries was elected Vice Chairman of AXA Financial in February 1996 and was elected Chairman of AXA Financial in April 1998. In addition, Mr. de Castries joined the board of directors and audit committee of Nestle, Inc. (VTX: NESN) in April 2012. |
Denis Duverne |
Mr. Denis Duverne is Director of AllianceBernstein Corporation, the General Partner of AllianceBernstein Holding L.P., since February 1996. In April 2010, he was appointed the Deputy Chief Executive Officer of AXA and a member of the Board of Directors of AXA. In January 2010, he was selected to oversee AXA Group strategy, finance and operations with AXA’s Chief Operating Officer, Chief Financial Officer and Chief Risk Officer reporting to him. Mr. Duverne was a member of the AXA Management Board from February 2003 through the change in AXA’s governance in April 2010. He was Chief Financial Officer of AXA from May 2003 through December 2009. From January 2000 to May 2003, Mr. Duverne served as Group Executive Vice President-Finance, Control and Strategy. Mr. Duverne joined AXA as Senior Vice President in 1995. He is a Director of AXA Financial, AXA Equitable and various other privately-held subsidiaries and affiliates of the AXA Group. |
Andrew McMahon |
Mr. Andrew J. McMahon is Director of AllianceBernstein Corporation, the General Partner of AllianceBernstein Holding L.P. since April 2012. Mr. McMahon is President of AXA Equitable and a member of the company's Executive Committee and Board of Directors. In this role, he has responsibility for the company's Financial Protection & Wealth Management business, including life insurance manufacturing, marketing, distribution and in-force management. He joined AXA Equitable in March 2005 as Senior Vice President to launch the company's Strategic Initiatives Group. Later that year, Mr. McMahon was promoted to Executive Vice President and was named Chief Operating Officer of AXA Advisors, the company’s broker-dealer and retail distribution channel comprised of approximately 6,000 career contracted financial professionals. He served as Chairman of AXA Advisors from July 2007 to May 2012. Before joining AXA Equitable, Mr. McMahon was a principal at McKinsey & Co. (“McKinsey”) and served as a life insurance practice leader in North America. Prior to McKinsey, he spent several years in management positions with various business divisions of General Electric (“GE”). Mr. McMahon has been a Director of AXA Financial, AXA Equitable, MONY and MLOA since May 2011. He is also a member of the Board of Directors of the American Council of Life Insurers. |
Kevin Molloy |
Mr. Kevin Molloy is Director of AllianceBernstein Corporation, the General Partner of AllianceBernstein Holding L.P., since January 2011. He has been the Business Support and Development representative for AXA Equitable, AXA Investment Managers S.A. (a wholly-owned subsidiary of AXA), AXA Japan and AllianceBernstein since January 2011. From April 2010 to December 2010, Mr. Molloy was the Chief Financial Officer of AXA Global Life, a company formed by AXA to accelerate global synergies throughout its Life & Savings business. Prior to serving in this role, he was Senior Vice President of Distribution & Service Finance at AXA Equitable. From November 2003 to April 2007, Mr. Molloy served as Vice President and Head of AXA’s North American Investor Relations office. Mr. Molloy joined AXA Equitable in 1999 as Director of Corporate Finance after beginning his career in 1993 as an economist and corporate profits analyst with The United States Department of Commerce’s Bureau of Economic Analysis. |
Mark Pearson |
Mr. Mark Pearson is Director of AllianceBernstein Corporation, the General Partner of AllianceBernstein Holding L.P.since February 2011. Also during February 2011, he succeeded Mr. Condron as Director, President and Chief Executive Officer of AXA Financial, and as Chairman and Chief Executive Officer of AXA Equitable. Having joined AXA in 1995 when AXA acquired National Mutual Funds Management Limited (presently AXA Asia Pacific Holdings Limited), Mr. Pearson became a member of the Executive Committee of AXA in 2008 and the Management Committee of AXA in 2011. He was appointed Regional Chief Executive of AXA Asia Life in 2001 and, in 2008, was named President and Chief Executive Officer of AXA Japan Holding Co., Ltd. and AXA Life Insurance Co., Ltd. Prior to joining AXA, Mr. Pearson spent approximately 20 years in the insurance sector, holding several senior management positions at National Mutual and Friends Provident. |
Steven Elliott |
Mr. Steven G. Elliott is Independent Director of AllianceBernstein Corporation, the General Partner of AllianceBernstein Holding L.P., since January 2011. Until his retirement in December 2010, Mr. Elliott had served as Senior Vice Chairman of The Bank of New York Mellon (“BNY Mellon”) since 1998. In this role, he helped oversee numerous company-wide growth initiatives and co-headed the integration of The Bank of New York and Mellon from 2007 to 2009. Mr. Elliott was Chief Financial Officer of Mellon from 1990 to 2002 and Head of Finance from 1987 to 1990. Before joining BNY Mellon, he held senior positions at First Commerce Corporation (1986-87), Crocker National Bank (1984-86), Continental Illinois National Bank (1977-84) and United California Bank (1974-77). Since January 2011, he has been a member of the boards of directors of Huntington Bancshares Inc. (NASDAQ: HBAN) and PPL Corporation (NYSE: PPL). Since April 2011, he has served as Chairman of Huntington Bancshares’s risk oversight committee and, since January 2012, he has served as Chairman of PPL Corporation’s audit committee. Mr. Elliott served as a director of Mellon (NYSE: MEL) from 2001 to the July 2007 merger with The Bank of New York and then as a director of BNY Mellon (NYSE: BK) through July 2008. |
Deborah Hechinger |
Ms. Deborah S. Hechinger is an Independent Director of AllianceBernstein Corporation, the General Partner of AllianceBernstein Holding L.P., since May 2007. Currently an independent consultant on non-profit governance, she was President and Chief Executive Officer of BoardSource, from 2003 to 2007. From 2004 to 2007, Ms. Hechinger also served as co-convener of the Governance and Fiduciary Responsibilities work group, one of the five groups established by the Panel on the Nonprofit Sector to make recommendations to Congress on ways to improve the governance and accountability of non-profit organizations. She also served on the Advisory Board for the Center for Effective Philanthropy and was a Member of the Ethics and Accountability Committee at Independent Sector. Prior to joining BoardSource, Ms. Hechinger was the Executive Vice President of the World Wildlife Fund, a global conservation organization, where she oversaw all fundraising, communication and operations activities. She has also served as a Deputy Comptroller and as Director of the Securities and Corporate Practices Division at the Office of the Comptroller of the Currency and has held senior executive positions in the Division of Enforcement at the SEC. A graduate of Georgetown Law School, Ms. Hechinger has been a member in standing of the District of Columbia Bar Association since 1975. |
Weston Hicks |
Mr. Weston M. Hicks is Independent Director of AllianceBernstein Corporation, the General Partner of AllianceBernstein Holding L.P., since July 2005. He has been a Director and the President and chief executive officer of Alleghany Corporation (NYSE: Y, “Alleghany”), an insurance and diversified financial services holding company, since December 2004 and was Executive Vice President of Alleghany from October 2002 until December 2004. From March 2001 through October 2002, Mr. Hicks was Executive Vice President and Chief Financial Officer of The Chubb Corporation. |
Lorie Slutsky |
Ms. Lorie A. Slutsky is Independent Director of AllianceBernstein Corporation, the General Partner of AllianceBernstein Holding L.P. since July 2002. Since January 1990, she has been President and Chief Executive Officer of The New York Community Trust, a community foundation that manages a $2 billion endowment and annually grants more than $150 million to non-profit organizations. Ms. Slutsky is Secretary and a board member of the Independent Sector and co-chaired its National Panel on the Non-Profit Sector, which focused on reducing abuse and improving governance practices at non-profit organizations. She served on the Board of Directors of BoardSource from 1999 to 2008 and served as its Chair from 2005 to 2007. Ms. Slutsky also served as Trustee and Chair of the Budget Committee of Colgate University from 1989 to 1997 and as a member of the Council on Foundations from 1989 to 1995, for which she also served as Chair from 1993 to 1995. She has been a Director of AXA Financial, AXA Equitable, MONY and MLOA since September 2006. In addition, Ms. Slutsky was a member of AXA Financial’s Audit Committee from 2006 through 2010. She has been a member of AXA Financial’s Organization and Compensation Committee since 2006 and was elected Chair of the Organization and Compensation Committee in February 2012. |
A. Smith |
Mr. A. W. Smith, Jr., is Independent Director of AllianceBernstein Corporation, the General Partner of AllianceBernstein Holding L.P. since July 2005. The former CEO of Watson Wyatt Worldwide (now Towers Watson), he was also President of the Private Sector Council, a non-profit public service organization dedicated to improving the efficiency of the federal government, from September 2000 until May 2005. Mr. Smith has been President of Smith Compensation Consulting, a privately-held company specializing in executive compensation consulting, since June 2005. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Peter Kraus |
36,037,200 |
John Weisenseel |
2,269,550 |
Robert van Brugge |
3,576,050 |
James Gingrich |
6,304,770 |
Laurence Cranch |
1,927,580 |
Lori Massad |
1,928,860 |
Peter Tobin |
-- |
Christopher Condron |
-- |
Henri de Castries |
-- |
Denis Duverne |
-- |
Andrew McMahon |
-- |
Kevin Molloy |
-- |
Mark Pearson |
-- |
Steven Elliott |
-- |
Deborah Hechinger |
-- |
Weston Hicks |
-- |
Lorie Slutsky |
-- |
A. Smith |
-- |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Peter Kraus |
0 | 0 |
John Weisenseel |
0 | 0 |
Robert van Brugge |
0 | 0 |
James Gingrich |
0 | 0 |
Laurence Cranch |
0 | 0 |
Lori Massad |
0 | 0 |
Peter Tobin |
0 | 0 |
Christopher Condron |
0 | 0 |
Henri de Castries |
0 | 0 |
Denis Duverne |
0 | 0 |
Andrew McMahon |
0 | 0 |
Kevin Molloy |
0 | 0 |
Mark Pearson |
0 | 0 |
Steven Elliott |
0 | 0 |
Deborah Hechinger |
0 | 0 |
Weston Hicks |
0 | 0 |
Lorie Slutsky |
0 | 0 |
A. Smith |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
VAN BRUGGE ROBERT P |
30,011 | $22.70 |
GINGRICH JAMES A |
2,205 | $20.36 |
FARRELL EDWARD J |
2,198 | $20.36 |
CRANCH LAURENCE E |
431 | $20.36 |
WEISENSEEL JOHN C |
12,265 | $19.97 |
GINGRICH JAMES A |
155,968 | $19.97 |
VAN BRUGGE ROBERT P |
80,574 | $19.97 |
FARRELL EDWARD J |
10,765 | $19.97 |
CRANCH LAURENCE E |
28,290 | $19.97 |
MASSAD LORI A |
29,792 | $19.97 |
KRAUS PETER S |
273,947 | $16.86 |
CRANCH LAURENCE E |
3,823 | $17.58 |
WEISENSEEL JOHN C |
6,279 | $17.58 |
VAN BRUGGE ROBERT P |
19,072 | $17.58 |
MASSAD LORI A |
11,204 | $17.58 |
FARRELL EDWARD J |
2,950 | $17.58 |
GINGRICH JAMES A |
26,209 | $17.58 |
KRAUS PETER S |
2,722,052 | $12.17 |
SLUTSKY LORIE A |
4,116 | $14.58 |
HECHINGER DEBORAH S |
4,116 | $14.58 |
TOBIN PETER J |
4,116 | $14.58 |
CONDRON CHRISTOPHER M |
4,116 | $14.58 |
HICKS WESTON M |
4,116 | $14.58 |
ELLIOTT STEVEN G |
4,116 | $14.58 |
SMITH A W PETE JR |
4,116 | $14.58 |
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