The previous ceo will stay on as chairman and group cio.
He will serve M.D. Sass accounts nationally with a focus on Midwestern markets.
The Co-CIOs will be jointly responsible for the overall strategy and positioning of the firm’s global asset allocation products.
The plan has begun a search for its executive director position.
The position will assist the plan’s tangible assets senior investment officer.
The new president and cio will retain existing responsibilities at Glenmede.
The new director has served as the system’s cio since 2003.
The plan invested $115 million with an existing manager.
The plan will interview five finalists in its executive director search.
He will build and maintain relationships with current and prospective investors, consultants and advisors.