Silvercrest Asset Management Appoints Richard Hough As CEO

(RTTNews) - Silvercrest Asset Management Group Inc. (SAMG) said Friday that it has appointed Richard Hough III as Chief Executive Officer, effective immediately.

Hough, the company's President and Chief Operating Officer, had been appointed acting CEO on November 19, upon the death of G. Moffett Cochran, the company's Chairman, CEO and co-founder . "Rick Hough worked closely with Moffett Cochran for more than ten years to build the business and execute the firm's strategy. We are excited about the firm's prospects under Rick's leadership and the support he has from the firm's clients and partners," the company said in a statement.