OAKS, PA — SEI® (NASDAQ: SEIC) has officially announced the recent appointment of Sean Denham to the dual roles of Executive Vice President and Chief Financial Officer.
With over two decades of experience spanning audit engagements to advisory roles for Fortune 500 companies, Denham’s track record makes him a valuable addition to SEI’s executive echelon. His mandate: taking over the reins from Dennis McGonigle, the outgoing CFO whose prolific 40-year tenure at SEI has been instrumental in the company’s growth and success.
The transition will occur following the first quarter 2024 Form 10-Q filing, with McGonigle moving into an advisory role, continuing to impart his considerable experience and legacy to the company.
Denham, who will report to CEO Ryan Hicke, assumes a portfolio of significant responsibilities, including leading finance and accounting, corporate controllership, business and risk management, and investor relations. He will also be in charge of the internal audit function.
Hicke expressed confidence in Denham’s ability to steer the company’s financial affairs in the coming years, noting his embodiment of the values that SEI stakeholders have come to associate with the firm. “Sean’s influence will be a catalyst for our future growth,” Hicke stated, pointing to Denham’s experience as a pivotal strength for the company’s vision for expansion.
Denham’s career, punctuated by high-profile stints at Ernst & Young, Amper, Politziner & Mattia, and most recently Grant Thornton, has honed his skills in areas vital for his new role. His expertise in advising C-suite executives, risk management and mergers and acquisitions positions him as a suitable successor to McGonigle’s exceptional legacy.
In response to his appointment, Denham expressed his eagerness to marshal SEI into a new era of sustained corporate growth. “The constant state of change our markets endure will only fuel growth for the future. I look forward to making an impact in SEI’s next chapter,” he remarked.
Denham’s leadership will extend beyond SEI, as he previously served on the CEO Council for Growth and as a board member and treasurer for the Greater Philadelphia Alliance for Capital and Technologies (PACT). His community involvement also includes a cabinet membership at the United Way of Greater Philadelphia and Southern New Jersey.
As the financial services industry watches this transition, Sean Denham’s new role at SEI is sure to bring new insights and growth opportunities for the company. With his extensive experience and impressive track record, Denham is poised to lead SEI into a successful future.
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