Diverse, Independent Corporate Leadership
AB’s Executive Officers and Board of Directors oversee the firm’s strategic direction. The following board characteristics reflect our belief in strong governance guided by diversity of thought:
Majority-independent 10-person Board of Directors
Independent Chair of the Board
Separation of duties between Chair and CEO
Distinct skills, perspectives and backgrounds
Four Standing Board Committees
Executive
Audit & Risk
Compensation and Workplace Practices
Corporate Governance
Adding Diverse Leadership Voices
In 2020, the Head of Diversity & Inclusion, the CEO of Asia-Pacific and the Head of the People team joined the operating committee, and AB welcomed two new members to its Board of Directors. These appointments bring important perspectives and expertise to the highest levels of the firm.
Fiduciary Obligations
We take our fiduciary obligations seriously, and we expect our people to treat all clients fairly and equitably—clients’ interests come first. We’ve built our business model on the foundation of a strong risk-aware culture, prudent risk-taking and a strong governance framework.
Robust Compliance Framework
Firms are defined by the quality and rigor of their systems, training and oversight. We’ve designed our compliance framework to ensure that business operations stay compliant and that AB employees are empowered to raise and resolve potential issues.
Strong Security and Business Continuity Infrastructure
At AB, we take information security—in particular, the protection of clients’ and employees’ information—extremely seriously. Our Information Security Standards and Guidelines and Corporate Information Security Policy outline the efforts we undertake to secure information.
Continuity and Security
- Our Chief Security Officer and his team monitor and control the processes related to our robust cybersecurity infrastructure.
- All websites and cybersecurity infrastructure are also third-party tested with state-of-the-art software to safeguard sensitive information.
- A comprehensive business continuity strategy and disaster recovery plan allow us to maintain critical functions while minimizing client impact.
Based on 8,799 total shareholder meetings in 2021. Numbers may not sum due to rounding.
Governance and Proxy Voting
Advocating the Ownership Perspective
As shown by our voting record, we continue to support proposals that encourage companies to strengthen their corporate governance structures, support shareholder rights and strive for greater transparency.
Public Company—Related Documents
These corporate governance documents help promote the effective functioning of the Board, its committees and our company as a whole.
Investment Advisor—Related Documents
These governance documents relate to our company’s activities as a federally registered investment advisor.
Client Relationship Summary (CRS) and Related Documents
NOTE: Section 303A.00 of the NYSE Listed Company Manual exempts limited partnerships from compliance with Section 303A.01, 303A.04 and 303A.05 of the NYSE Manual. AllianceBernstein Holding L.P. (NYSE: AB) is a limited partnership.
The Board of Directors of AllianceBernstein Corporation (“Board”), general partner of AllianceBernstein Holding, voluntarily has adopted a Corporate Governance Committee Charter that complies with Section 303A.04 and a Compensation Committee Charter that complies with Section 303A.05. These documents, as well as the membership of each Committee, may be found on this website, and we provided the location of these postings in our Form 10-K for the year ended December 31, 2020, as filed February 12, 2021. Please note that our Corporate Governance Committee has four members, three of whom are independent, and our Compensation Committee has four members, three of whom are independent.