Pzena Investment Management Inc. promoted Gary J. Bachman to the newly created role of Chief Operating Officer, effective July 1. Mr. Bachman will assume oversight of the operations of Pzena Investment Management, LLC and will also be named to its Executive Committee effective as of July 1. Jessica R. Doran will assume the position of Chief Financial Officer and Treasurer, after having spent several years in various roles at Pzena. Ms. Doran will report to Mr. Bachman and Mr. Bachman will report to Pzena's Chairman and Chief Executive Officer, Rich Pzena. Mr. Bachman has served as the company's Chief Financial Officer since 2012.

Prior to joining the company, Mr. Bachman served as Executive Director of the Investment Bank Finance Department at JP Morgan Chase from 2008 to 2012.