GAM Holding AG Overhauls Board as It Seeks to Capitalize on Restructuring
Event summary
- GAM Holding AG shareholders approved all board proposals at the 2026 AGM, including the election of Anthony Maarek as new chairman.
- Albert Saporta and John Niel joined the board, while Antoine Spillmann, Carlos Esteve, and Jeremy Smouha did not stand for re-election.
- The company allocated a net loss of CHF 184.5 million to accumulated losses for 2025.
- 82% of shares were represented at the AGM, slightly down from 83% in 2025.
- KPMG AG was re-elected as statutory auditors for another year.
The big picture
GAM Holding AG is positioning itself for growth after a period of restructuring, with a new chairman and board members focused on leveraging its active investment management capabilities. The company's total assets under management stood at CHF 12.5 billion as of December 2025, reflecting its global reach and diverse client base. The board's composition now includes an equal number of female and male directors, highlighting a commitment to balanced governance.
What we're watching
- Leadership Transition
- How Anthony Maarek will steer GAM through its next growth phase after a period of restructuring.
- Strategic Focus
- Whether GAM can sustain momentum in specialist active management and alternatives.
- Financial Recovery
- The pace at which GAM can translate its restructured platform into sustained growth.