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    Alfred P. West, Jr.

    Executive Chairman at SEI Investments Co
    Board
    Since June 2022
    Age
    82 years
    Tenure
    Joined SEIC in 1968 as founder and served as CEO until June 2022 before transitioning to Executive Chairman.

    Also at SEI Investments Co

    MAW
    Mark A. Warner
    Chief Accounting Officer (CAO)
    MNP
    Michael N. Peterson
    General Counsel
    PNM
    Philip N. McCabe
    Executive Vice President

    About

    Alfred P. West, Jr. has devoted his career to building and guiding SEI Investments Company, beginning from its inception in 1968 when he founded the firm and immediately took on the role of Chief Executive Officer. His leadership during the company's early years was marked by transformative growth and strategic vision that laid the groundwork for SEI's long-term success.

    Over the decades, his commitment to innovative financial solutions and client-focused strategies has been a driving force in advancing the company’s stature in the financial services industry. His decision to transition from CEO to Executive Chairman in June 2022 underscored a strategic move to continue influencing the company’s direction while delegating day-to-day operations.

    While detailed personal background and educational history are not available in the documents, his extensive tenure at SEI highlights a legacy of leadership, perseverance, and dedication to fostering a culture of growth and innovation. His influential role has not only shaped SEI’s operational ethos but also set significant benchmarks for leadership in the financial sector.

    Past Roles

    OrganizationRoleDate RangeDetails
    SEI Investments Company (SEIC) Chief Executive Officer (CEO) 1968 - June 2022 Served as CEO from the company’s inception until June 2022
    SEI Investments Company (SEIC) President June 1979 - August 1990 Held the position of President during this period

    Fixed Compensation

    Data from  FY 2023
    Component NameAmountPayment ScheduleAdditional Details
    Salary$750,000AnnualFixed annual salary
    Option Awards$389,000Granted on December 15, 202325,000 options at $62.00 per share; valued using the Black-Scholes model
    Stock Awards (RSUs)$248,000Granted on December 15, 2023; vestes after 3 years4,000 RSUs; not tied to performance targets
    All Other Compensation$23,599AnnualIncludes CAP contributions, supplemental life insurance and group medical premiums

    Performance Compensation

    Data from  FY 2023

    Performance Compensation Details

    ComponentValueEvaluation PeriodAdditional Details
    Annual Non-Equity Incentive AwardTarget: $1,100,000<br>Awarded: $990,000Earned during 2023; paid in the following fiscal yearBased on contributions such as mentoring the CEO and collaborating on strategic corporate goals. No specific vesting conditions or grant date concepts as this is a cash-based award.

    The performance compensation award was determined through an independent review by the Compensation Committee, with no additional thresholds, weights, or maximum caps disclosed.