- AllianceBernstein Holding L.P. ( NYSE: AB ) has named Kate Burke as Chief Financial Officer, effective immediately.
- She assumes this role while maintaining her role as Chief Operating Officer.
- Ms. Burke has stepped down from her role as Head of Bernstein Private Wealth.
- Onur Erzan, AB's Head of Global Client Group, has been appointed Head of Bernstein Private Wealth, in addition to his Client Group role.
- In her dual roles as COO and CFO, Ms. Burke will now oversee Finance, Strategy, and Responsibility, while continuing oversight of all corporate functions as COO.
- Ms. Burke succeeds interim CFO Bill Siemers, who will return to his prior role as Corporate Controller & Chief Accounting Officer and remain on the firm's Operating Committee.
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AllianceBernstein names COO Kate Burke as new finance chief