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    Virtus Investment Partners Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits

    12/11/24 4:12:29 PM ET
    $VRTS
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    vrts-20241209
    0000883237false00008832372024-12-092024-12-09

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549
    FORM 8-K
    CURRENT REPORT
    Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

    December 9, 2024
    Date of Report (date of earliest event reported)

    VIRTUS INVESTMENT PARTNERS, INC.
    (Exact name of registrant as specified in its charter)
    Delaware
    001-10994
    26-3962811
    (State or other jurisdiction of incorporation)
    (Commission File Number)
    (I.R.S. Employer Identification No.)
    One Financial Plaza
    Hartford
    CT
    06103
    (Address of principal executive offices)
    (Zip Code)
    (800) 248-7971
    Registrant's telephone number, including area code

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

    ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

    ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

    ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

    ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

    Securities registered pursuant to Section 12(b) of the Act:
    Title of each classTrading Symbol(s)Name of each exchange on which registered
    Common Stock, $0.01 par valueVRTSNew York Stock Exchange

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
    Emerging growth company ☐

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
    ☐



    Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

    (d) Election of Directors

    On December 9, 2024, the Board of Directors (the “Board”) of Virtus Investment Partners, Inc. (the “Company”) appointed John C. Weisenseel to serve, effective as of December 9, 2024, as a director of the Company and as a member of the Board’s Audit Committee.

    Mr. Weisenseel served as Chief Financial Officer of AllianceBernstein LP, a publicly traded global asset management firm from 2012-2021. Previously, he was Chief Financial Officer of Standard & Poor’s from 2007-2012.

    In consideration of his services as a member of the Company's Board and any committees thereof, Mr. Weisenseel will be compensated for his service on the Board in accordance with the Company’s compensation program for non-employee directors and will receive a pro rata portion of the Company’s annual cash retainer as compensation for the remainder of the 2024 Board service year.

    There is no arrangement or understanding between Mr. Weisenseel and any other person pursuant to which he was selected as a director of the Company, and there is no family relationship between Mr. Weisenseel and any of the Company’s other directors or executive officers. Further, Mr. Weisenseel does not have a material interest in any transaction that is required to be disclosed under Item 404(a) of Regulation S-K.

    Mr. Weisenseel will also enter into the Company’s standard indemnity agreement for directors, the form of which was previously filed by the Company as Exhibit 10.9 to the Company’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission on February 27, 2023.

    A press release announcing the appointment of Mr. Weisenseel is attached as Exhibit 99.1.


    Item 9.01 Financial Statements and Exhibits.
     
        (d)     Exhibits
     
    99.1    Press release of Virtus Investment Partners, Inc. dated December 11, 2024
    104    Cover Page Interactive Data File (embedded within the Inline XBRL document).






    SIGNATURES

    Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
     
      VIRTUS INVESTMENT PARTNERS, INC. 
         
         
         
    Dated:December 11, 2024By:  /s/ Andra C. Purkalitis 
      Name:Andra C. Purkalitis 
      Title:Executive Vice President, Chief Legal Officer, General Counsel and Secretary 



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