– USA, NY – Equitable Holdings, Inc. (NYSE: EQH) announced the appointment of Doug Dachille to its Board as an independent Director, effective immediately.
“I am delighted to welcome Doug Dachille to Equitable Holdings,” said Board Chair, Joan Lamm-Tennant. “His experience leading insurance and asset management organizations will be instrumental as we continue to enhance the company’s value and navigate the evolving industry and macro-economic environment.”
About Douglas Dachille
Doug Dachille has amassed a distinguished career across three decades with proven expertise in the most strategic matters facing the insurance, banking, and asset management industries. This includes leading complex corporate transactions, understanding the capital market, and designing innovative investment solutions to meet insurance liabilities.
Doug Dachille served as CIO of American International Group Inc. from 2015 until 2021, overseeing a $350 billion portfolio. During this time, he played a critical role in stabilizing the company after the financial crisis and its subsequent financial recovery. He joined AIG when it acquired First Principles Capital Management, an institutional fixed-income asset manager, which he co-founded and led as CEO. Before co-founding First Principles, he was President and COO of Zurich Capital Markets. Doug Dachille began his career at JPMorgan Chase, where he held a variety of leadership roles including Global Head of Proprietary Trading and Co-Treasurer.
Doug Dachille serves as an independent director of BridgeBio Pharma, Inc. and previously served on the board of directors for Lyndra Therapeutics®.
Doug Dachille earned a Bachelor of Science degree from Union University through a joint program with Albany Medical College and later earned an MBA from the University of Chicago, where he was named a Pew Scholar.
About Equitable Holdings
Equitable Holdings, Inc. is a leading financial services holding company comprised of complementary and well-established businesses, Equitable, AllianceBernstein, and Equitable Advisors. Equitable Holdings has $1.0 trillion in assets under management and administration (as of 9/30/2024) and more than 5 million client relationships globally. Founded in 1859, Equitable provides retirement and protection strategies to individuals, families, and small businesses. AllianceBernstein is a global investment management firm that offers diversified investment services to institutional investors, individuals, and private wealth clients. Equitable Advisors has 4,400 duly registered and licensed financial professionals who provide financial planning, wealth management, retirement planning, protection, and risk management services to clients across the country.
For more: https://equitableholdings.com/
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