The current CIO is retiring in January.
He will oversee the investment team on asset allocation, portfolio structure, and fund strategies across all traditional asset classes.
The plan has begun a search for its next executive director following the departure of its previous director last year.
He will help manage $6.5 billion in domestic and international equity funds and separate client accounts.
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.