Manning & Napier, Inc. ("Manning & Napier" or "the company") announced that its Board of Directors accepted the resignation of James Mikolaichik, Chief Financial Officer (CFO) of the company effective within the next 30 days. Mr. Mikolaichik has decided to accept an opportunity outside the asset management industry. Mr. Mikolaichik will continue in his position while working closely with management and the Board of Directors to implement an appropriate transition process, which will be announced prior to his departure.