Brookfield Asset Management Appoints Bruce Flatt as Chair Amid Leadership Changes

Brookfield Asset Management Ltd. Class A ( (TSE:BAM) ) has shared an update.

Brookfield Asset Management announced on January 16, 2025, that Bruce Flatt will assume the role of Chair of the Board of Directors, while continuing his duties as Chief Executive Officer. This appointment follows the resignation of Mark Carney, who is entering the Canadian Liberal Party leadership race. Under Flatt’s leadership, and with Connor Teskey’s continued focus on transition investing, Brookfield aims to maintain its position as a leading investor in the global energy transition, having already raised over $30 billion in transition capital.

More about Brookfield Asset Management Ltd. Class A

Brookfield Asset Management is a global alternative asset manager headquartered in New York, managing over $1 trillion in assets. It specializes in renewable power, infrastructure, private equity, real estate, and credit, focusing on long-term investments in real assets and essential service businesses. Brookfield serves a wide range of institutional investors, including pension plans, endowments, and sovereign wealth funds.

YTD Price Performance: -0.94%

Average Trading Volume: 947,189

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$33.69B

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