CONCORD, Calif., Sept. 08, 2023 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE:AMK) today announced that, in line with the AssetMark Board of Directors' established succession plan, Michael Kim has been named the company's new Chief Executive Officer, effective immediately. Mr. Kim will also join the AssetMark Board of Directors. In connection with this announcement, Natalie Wolfsen will depart the company to pursue another opportunity.
Mr. Kim is a seasoned veteran of the firm with over 25 years of industry experience, 13 of which are at AssetMark. He has a proven track record of driving successful results for the firm and has been integral to AssetMark's record financial performance over the past several years. The Board was unanimous in its conclusion that Mr. Kim is the right person to lead AssetMark and continue to execute its strategic vision, as well as champion its mission to serve the best interests of financial advisors and their ...