Diamond Hill Investment Group, Inc. Announces Management Changes
February 22, 2019 at 04:05 pm EST
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The Board of Directors of Diamond Hill Investment Group, Inc. appointed Christopher M. Bingaman, Paula R. Meyer, and Nicole R. St. Pierre to serve as directors. Ms. Meyer and Ms. St. Pierre are independent directors and will serve on Diamond Hill's Audit Committee, Compensation Committee, and Nominating and Governance Committee. Mr. Bingaman currently serves as Diamond Hill's President and Chief Executive Officer. Ric Dillon will retire as Chairman of the Board for Diamond Hill Investment Group, Inc. at the conclusion of his current term which ends in conjunction with the Company's Annual Meeting of Shareholders to be held on May 1, 2019. James F. Laird, current lead independent director will succeed Mr. Dillon as Chairman of the Board.
Diamond Hill Investment Group, Inc. is an investment advisory and fund administration services provider. The Company operates through its wholly owned subsidiary, Diamond Hill Capital Management, Inc. (DHCM). DHCM is an investment adviser and administrator for the Diamond Hill Funds, a series of open-end mutual funds (the Funds). DHCM also provides investment advisory and related services to the Diamond Hill Micro Cap Fund, LP (DHMF), a private fund, as well as, separately managed accounts, collective investment trusts, other pooled vehicles, including sub-advised funds, and model delivery programs. The Company offers a variety of investment strategies designed for long-term strategic allocations from institutionally oriented investors. DHCM also provides strategy-specific model portfolios to sponsors of model delivery programs.