PSCA President, David Wray, Announces His Retirement
(firmenpresse) - CHICAGO, IL -- (Marketwire) -- 05/11/12 -- David L. Wray, President of the Plan Sponsor Council of America (PSCA), will retire, effective September 30, 2012.
"After more than 25 years of service to PSCA members and the participants in the retirement plans they sponsor, David himself is ready to retire," said Ira Finn, Chairman of the PSCA Board of Directors. "We cannot thank David enough for his tireless efforts to keep the 401(k) system intact. The system today is stronger as a result of David's hard work."
"With more than 50 years in the workforce, it's time to focus on my family," Wray said. "Announcing my retirement at this time recognizes that PSCA is well positioned for a successful future. PSCA has a strong brand and loyal plan sponsor and provider members. It has committed plan sponsor leaders who, along with Bob Benish as Executive Director and Ed Ferrigno as Vice President of Washington Affairs, provide PSCA with the vision, dedication, and expertise to lead the organization going forward."
Benish will serve as Interim President upon Wray's retirement while the Board of Directors conducts a formal search for a successor.
"We are excited to announce that Bob Benish will be named the Acting President," Finn said. "His knowledge of the industry and 30 years of experience will assist in the continued mission of PSCA."
Wray will serve as a member of PSCA's Board of Directors and will continue to advise and consult PSCA staff on public policy issues, research, and programs.
"The organization is a forceful advocate for retirement plan sponsors and the millions of American workers who participate in their plans," Wray said. "I am proud to continue to be a part of PSCA."
Wray will permanently relocate to Denver, Colorado, and enjoy a full retirement with his wife, Judy, his children, and their four grandchildren.
The Plan Sponsor Council of America (PSCA), a national non-profit association of 1,200 companies and their six million employees, advocates increased retirement security through profit sharing, 401(k), and related defined contribution programs to federal policymakers and makes practical assistance with profit sharing and 401(k) plan design, administration, investment, compliance, and communication available to its members. PSCA, established in 1947, is based on the principle that "defined contribution partnership in the workplace fits today's reality." PSCA's services are tailored to meet the needs of both large and small companies with members ranging in size from Fortune 100 firms to small, entrepreneurial businesses.
Plan Sponsor Council of America
David Wray
President
PSCA
(312) 419-1863
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Datum: 11.05.2012 - 13:30 Uhr
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News-ID 145562
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