AllianceBernstein names Onur Erzan CEO as Seth Bernstein retires in 2027

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AllianceBernstein has appointed Onur Erzan as President and Chief Executive Officer, effective April 1, 2027, succeeding Seth Bernstein, who will retire on March 31, 2027 after nearly a decade leading the firm. Bernstein will continue to serve on AB's Board of Directors. Erzan, who became President in January 2026, oversees AB's Private Wealth Management, Global Private Alternatives and Global Asset Management Distribution businesses, along with Strategy and Corporate Development, and has served on the Equitable Holdings Management Committee since 2021. During Bernstein's tenure, AB's assets under management nearly doubled to more than $919 billion as of August 31, 2026, and the firm relocated its headquarters to Nashville, built out AB India and moved Bernstein Research into a joint venture with Societe Generale. Erzan joined AB in 2021 after 20 years at McKinsey & Company, where he was a Senior Partner and co-leader of its Wealth & Asset Management practice. AB is a subsidiary of Equitable Holdings, Inc., which owns an approximate 68% economic interest in the firm as of June 2026.

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