Horizon Kinetics Holding Corporation Announces Passing of CEO Murray Stahl

The company is implementing its succession plan with the appointment of new co-CEOs.

Apr. 8, 2026 at 9:15pm

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A highly polished, geometric metal sculpture in the shape of a stylized infinity symbol, placed on a clean, monochromatic background and illuminated with dramatic studio lighting, representing the timeless elegance and strategic focus of Horizon Kinetics Holding Corporation.The passing of Horizon Kinetics' visionary CEO leaves a lasting mark on the firm's long-term investment philosophy and debt-free financial standing.NYC Today

Horizon Kinetics Holding Corporation, a publicly traded investment management firm, has announced the sudden passing of its Chairman and CEO, Murray Stahl. The company is now implementing its succession plan, with Steven Bregman and Peter Doyle appointed as the new co-Chief Executive Officers. They will join fellow co-founder Tom Ewing on the newly established Founders' Committee to oversee a seamless transition of responsibilities.

Why it matters

Murray Stahl was instrumental in transforming Horizon Kinetics into a successful publicly traded company with a strong balance sheet and investment portfolio. His leadership and vision will be missed, and the company's ability to preserve and grow his legacy will be crucial for its continued success.

The details

Stahl co-founded Horizon Kinetics in 1994 and was responsible for building it into a firm with a market capitalization of approximately $600 million. The company has an impeccable and debt-free balance sheet, as well as a portfolio built for the long term. Horizon Kinetics is now implementing its succession plan, with Bregman and Doyle appointed as the new co-CEOs, and Ewing joining them on the Founders' Committee to ensure a smooth transition.

  • Murray Stahl passed away suddenly on April 7, 2026.
  • Horizon Kinetics is implementing its succession plan immediately.

The players

Murray Stahl

The co-founder, Chairman, and Chief Executive Officer of Horizon Kinetics Holding Corporation, who passed away suddenly.

Steven Bregman

One of the new co-Chief Executive Officers of Horizon Kinetics Holding Corporation, appointed as part of the company's succession plan.

Peter Doyle

One of the new co-Chief Executive Officers of Horizon Kinetics Holding Corporation, appointed as part of the company's succession plan.

Tom Ewing

A co-founder of Horizon Kinetics Holding Corporation, who will join the newly established Founders' Committee to oversee the transition of responsibilities.

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What’s next

Horizon Kinetics will continue to implement its succession plan, with Bregman and Doyle taking over as co-CEOs and working with Ewing on the Founders' Committee to ensure a smooth transition of leadership and preserve Murray Stahl's legacy.

The takeaway

The passing of Murray Stahl, the visionary co-founder and CEO of Horizon Kinetics, is a significant loss for the company. However, the firm's succession plan and the appointment of new co-CEOs demonstrate its commitment to preserving Stahl's legacy and continuing to deliver value for its clients and shareholders.