SEI Investments Company (SEIC), Wednesday honored the company's founder Alfred P. West, Jr. by appointing him as Chairman Emeritus, a lifelong appointed position.
This comes as West has resigned from his role as a director and board chair as part of a planned transition, effective January 1, 2026.
On the same day, Carl A. Guarino, an independent director of SEI's Board, will assume the role of Chairman.
In the pre-market hours, SEIC is trading at $82.93, down 0.05 percent on the Nasdaq.
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December 12, 2025 15:14 ET Central bank decisions dominated the economic news flow this week led by the Federal Reserve. Trade data from the U.S. also gained attention. The Canadian and Swiss central banks also announced their interest rate decisions. Inflation data from China was in focus as the country released the latest consumer price and producer price data.