OM Asset Management plc (NYSE:OMAM) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

OM Asset Management plc (the “Company”) has announced the integration of the Company’s Global Distribution function within its Affiliate Management team to enable closer connectivity among the Company’s product development, research, capital allocation and distribution capabilities. Accordingly, the Company and Linda T. Gibson, Executive Vice President and Head of Global Distribution have agreed on a mutual separation of Ms. Gibson from her employment with the Company, effective December 31, 2017.

In connection with the cessation of her employment, Ms. Gibson and the Company entered into a Separation Agreement, dated November 29, 2017 (the “Separation Agreement”). Under the terms of the Separation Agreement and in consideration of a general waiver and release of claims, Ms. Gibson will receive severance consistent with the terms of her severance arrangement and employment agreement, the details of which were disclosed in the Compensation Discussion and Analysis section of the Company’s 2017 Proxy Statement, filed with the Securities and Exchange Commission on April 3, 2017.

Ms.Gibson is subject to non-compete covenants for the six-month period following the termination date. In addition, Ms.Gibson is subject to a non-solicitation of employees covenant and a non-interference covenant during the six-month period following the termination date, and for a period of one year after expiration of such six month period.

Should Ms. Gibson breach these restrictive covenants, any cash bonus is subject to malus and clawback provisions in the discretion of the Compensation Committee of the Company’s Board of Directors.

On November 29, 2017, the Company issued a press release announcing the integration of the Company’s Global Distribution and Affiliate Management functions, a copy of which is attached as Exhibit 99.1 hereto and incorporated herein by reference.

The information in Item 7.01 to this Form 8-K and the information filed as Exhibit 99.1 to this Form 8-K is being furnished in accordance with Item 7.01 and shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended. Such information shall not be incorporated by reference into any filing under the Securities Act of 1933, as amended, except as may be expressly set forth in a specific filing.

(d) Exhibits.

OM Asset Management plc ExhibitEX-99.1 2 omam-20171129gibsonpressre.htm EXHIBIT 99.1 Exhibit Contact:Brett Perrymanir@omam.com(617) 369-7300   OMAM Announces Alignment of Global Distribution with Affiliate Managementto Support Next Leg of GrowthLondon – November 29,…To view the full exhibit click here
About OM Asset Management plc (NYSE:OMAM)
OM Asset Management plc is a multi-boutique asset management company. The Company operates its business through its approximately seven affiliate firms (Affiliates). The Company is an indirect subsidiary of Old Mutual plc, which is an investment, savings, insurance and banking group. The Company’s Affiliates include Acadian Asset Management LLC (Acadian), Barrow, Hanley, Mewhinney & Strauss, LLC (Barrow Hanley), Campbell Global, LLC (Campbell Global), Copper Rock Capital Partners LLC, Heitman LLC, Investment Counselors of Maryland, LLC and Thompson, Siegel & Walmsley LLC. Its affiliates offer a range of products in the United States markets equities and alternative investments, including timber and real estate. Acadian is a manager of global and international equity, fixed income and alternative strategies. Barrow Hanley is an investment manager of the United States, international and global equities, fixed income and a range of balanced investment management strategies.