Associated Capital Group Appoints Timothy H. Schott as Chief Financial Officer
January 04, 2021 at 11:00 am EST
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Associated Capital Group announced that Timothy H. Schott has been named Chief Financial Officer of Associated Capital Group. In this new position Mr. Schott will join as a member of the firm’s management committee and serve to head the Company’s finance group. Mr. Schott was formerly a partner of Deloitte & Touche where he began his career, and brings three decades of experience in financial reporting, tax compliance, acquisitions and divestitures. Mr. Schott, prior to joining Associated Capital Group, led Lazard’s accounting compliance group as the Director of Accounting Policy where he was responsible for the review of all Lazard Ltd.’s GAAP regulatory accounting filings. More recently he was the Principal Accounting Officer at Tiptree Inc. where he was instrumental in the transformation of the company’s accounting, tax and internal controls, including the remediation of several material weaknesses.
Associated Capital Group, Inc. is a diversified global financial services company. The Company provides alternative investment management services and operates a direct investment business that invests in businesses that fit its criteria over time. The Company conducts its investment management activities through its wholly owned subsidiary Gabelli & Company Investment Advisers, Inc. (GCIA) and its wholly owned subsidiary, Gabelli & Partners, LLC (Gabelli & Partners). GCIA and Gabelli & Partners together serve as general partners or investment managers to investment funds, including limited partnerships and offshore companies (collectively, Investment Partnerships), and separate accounts. It primarily manages assets across a range of risk and event arbitrage portfolios and in equity event-driven value strategies. It serves a variety of investors globally, including private wealth management clients, corporations, corporate pension and profit-sharing plans, foundations and endowments.