We went public sixteen years ago in 1999. We are now preparing for the next sixteen years as a public company and the next thirty-seven years as a business. We are doing this by creating an enhanced economic opportunity and growth platforms for our clients, teammates and owners. I plan to continue to serve as Chairman and CEO of GAMCO, our traditional asset management business, as well as having an active executive role during the initial formation of our newly created separate entity (Spinco [emphasis added]).