Ascensus, whose technology and expertise help millions save for a better future, announced that it has named Marc Mehlman its new Chief Financial Officer.
Mehlman will assume his new role in early January 2024, and succeed Kate Brennan, who has served as Interim CFO since this summer.
Mehlman will report to Ascensus Chair and CEO David Musto and join the Ascensus Operating Committee executive leadership team.
“Marc’s skills and experiences position him well to excel as Ascensus’ CFO, and he will be an outstanding steward of our core values and culture,” said Musto. “He brings valued perspective as a chief financial officer leading growth and business transformation — as well as success in general management roles, including overseeing a $1 billion multinational P&L. We are delighted to welcome his insights and judgment to our leadership table.”
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Musto added, “I want to thank Kate Brennan for her strong, active, and effective leadership as interim CFO. We recognize how very fortunate we are to have such leadership strength in place.”
Speaking about his new role, Mehlman said, “I’m delighted to join the Ascensus team, and see tremendous potential in the company’s ability to serve the millions of people saving for more secure financial futures. I look forward to partnering with the nearly 5,500 dedicated Ascensus associates to drive even greater growth, expansion, and client satisfaction.”
Ascensus offers technology and expertise in qualified and nonqualified retirement plan solutions, third-party retirement plan administration, 529 education and ABLE savings program administration, insurance solutions, and fiduciary and total rewards services.
SOURCE: PRNewsWire