Deals and People

Retirement Industry People Moves

By Javier Simon editors@plansponsor.com | May 12, 2017
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CIEBA Appoints Executive Director

The Committee on Investment of Employee Benefit Assets (CIEBA) announced that Dennis Simmons has been appointed by the CIEBA Board as their new executive director. Simmons joins CIEBA with more than 20 years of experience in government policy, legal and plan administration. He’s worked with all types of employee benefit plan sponsor clients. He’s most recently worked at Vanguard, the Malvern, Pennsylvania-based mutual fund provider.

"The CIEBA Board is very excited to have Dennis join us at such an important time in CIEBA's history,"says Andrew T. Ward, CIEBA's Chair. "CIEBA has a growing membership of plan fiduciaries who oversee over $2 trillion on behalf of 15 million hard-working retirement plan participants. CIEBA's voice will be critical as important fiduciary and tax changes are being considered by the new Administration. Dennis' advocacy experience will help CIEBA maintain a strong presence as new public policies directly impacting plan fiduciaries and their participants are contemplated."

Simmons will succeed Ray Kanner, the former CIO at IBM 

"We'd encourage anyone who works with benefit plan investments to consider joining up with CIEBA to take advantage of the world-class network of investment fiduciary plan sponsors," says Simmons. "We'd be glad to talk to anyone who is interested in discussing our mission and values for strengthening the private sector retirement system and enhancing retirement plan investment management effectiveness."

NEXT: United Financial NW Joins PlanMember Securities Corporation

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