CHICAGO--(BUSINESS WIRE)--Feb 3, 2026--
AAM Insurance Investment Management (AAM) announced today that Dan Byrnes, CFA, has been named Chief Executive Officer, effective April 4, 2026. Byrnes succeeds John Schaefer, CFA, who will transition to a Senior Advisor role as part of AAM’s long-term succession plan.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260203385196/en/
Byrnes currently serves as President and Senior Portfolio Manager at AAM. As CEO, he will assume responsibility for the firm’s overall strategy, operations, and client relationships, while continuing to uphold AAM’s long-standing client-centric culture.
“Dan has been an integral part of AAM’s success for more than two decades,” said John Schaefer. “He brings a deep investment expertise, strong leadership, and a collaborative approach that reflects our firm’s values. Dan will do a great job as our leader and will continue our ethos that places our clients’ interests first."
Prior to joining AAM, Byrnes worked as an accountant at CNA Insurance. He is a CFA Charterholder and a member of the CFA Society of Chicago. Byrnes earned a BS in Finance from the University of Illinois at Urbana-Champaign and an MBA from the Booth School of Business at the University of Chicago.
“I am honored to assume the role of CEO,” said Byrnes. “I want to thank John for his leadership of the firm over the years. I look forward to working with my colleagues at AAM to ensure we are a trusted partner for our clients and to continue helping our clients achieve their objectives.”
About AAM Insurance Investment Management
AAM Insurance Investment Management (AAM) is an investment management firm specializing in serving the insurance industry since 1982. AAM partners with Property & Casualty, Life, Health, and Government Risk Pool clients to deliver tailored investment solutions designed to meet regulatory, risk, and return objectives. As of December, 31, 2025, the firm has $27.4 billion of assets under management (AUM) for 121 insurance clients and has been named to the Pensions & Investments magazine list of Best Places to Work in Money Management* for nine straight years.
*The ‘Best Places to Work in Money Management’ accolade does not represent a statement of any advisory client and does not describe any experience with or endorsement of AAM as an investment adviser by any such client.
John Schaefer, CFA
Dan Byrnes, CFA
SAN FRANCISCO (AP) — Michael Busch hit a three-run homer into McCovey Cove beyond right field in the fifth inning to back Javier Assad's strong start on the mound, and the Chicago Cubs beat the San Francisco Giants 5-1 on Friday night.
Busch's drive was the 176th splash hit at Oracle Park, 68th by an opponent and fourth by a Cubs player — first since Joc Pederson on June 3, 2021.
Seiya Suzuki broke up a scoreless game with an RBI double in the fourth then scored moments later on Nico Hoerner's sacrifice fly.
Assad (4-1) struck out five, walked one and allowed three hits over six innings to win his third straight decision spanning seven starts. His throwing error on a pickoff attempt of Bryce Eldridge in the fourth could have been costly but the right-hander stranded Eldridge on third.
Hoby Milner pitched the seventh and Trent Thornton the final two innings, surrendering Eldridge's one-out homer in the ninth.
Busch greeted reliever Erik Miller with his eighth home run after Chicago put runners aboard on Pete Crow-Armstrong's double and a leadoff walk by Carson Kelly against Giants starter Landen Roupp (5-7). Roupp was tagged for four runs on four hits over 4 2/3 innings.
Chicago won for the third time in its last seven games.
San Francisco had beaten the Cubs 18-3 last Friday then 2-1 in extra innings Sunday — but the Giants dropped to 7-3 overall in the matchups since the start of the 2025 season, outscoring the Cubs 63-35. San Francisco is 6-2 at Oracle Park in the series dating to the beginning of 2024.
Jung Hoo Lee went 0 for 3 and had his career-best 18-game hitting streak snapped — longest by a Giants batter since Angel Pagan hit in 19 in a row from July 31-Aug. 23, 2016.
RHP Ben Brown (2-2, 1.74 ERA) pitches the middle game for Chicago opposite Giants RHP Trevor McDonald (2-3, 4.15), making his second straight start against the Cubs.
AP MLB: https://apnews.com/hub/MLB
San Francisco Giants pitcher Landen Roupp throws to a Chicago Cubs batter during the first inning of a baseball game Friday, June 12, 2026, in San Francisco, Calif. (AP Photo/Scott Marshall)
Chicago Cubs' Pete Crow-Armstrong reacts after hitting a double during the third inning of a baseball game against the San Francisco Giants Friday, June 12, 2026, in San Francisco, Calif. (AP Photo/Scott Marshall)
Chicago Cubs' Pete Crow-Armstrong (4) hits a double during the third inning of a baseball game against the San Francisco Giants Friday, June 12, 2026, in San Francisco, Calif. (AP Photo/Scott Marshall)
Chicago Cubs pitcher Javier Assad throws to first base for an out during the fourth inning of a baseball game against the San Francisco Giants, Friday, June 12, 2026, in San Francisco, Calif. (AP Photo/Scott Marshall)
Chicago Cubs first baseman Michael Busch catches a pop fly for the second out of the first inning of a baseball game against the San Francisco Giants Friday, June 12, 2026, in San Francisco, Calif. (AP Photo/Scott Marshall)
