Vestwell Announces Four Strategic Appointments - Marking a Significant Breakthrough in the Company's Growth

NEW YORK, March 13, 2018 /PRNewswire/ -- Vestwell, a digital retirement platform, today announced the appointments of two new board members who will provide strategic counsel on areas including best practices, innovative ideas, and the firm's trajectory. Drew Lawton joins the firm's Advisory Board and John Moody joins the Board of Directors. Additionally, the firm has hired Benjamin Thomason as executive vice president of sales and John Skovron as chief technical officer (CTO). These strategic appointments support Vestwell's dedication to enhancing their technology, supporting clients, and making retirement plans simpler and more accessible.

John Moody, founder and former president of Matrix, will leverage his knowledge as an operator and his position as an industry guru to enhance Vestwell's value proposition by serving on the Board of Directors. John's firsthand experience in building scale around a growing business makes him well suited to help Vestwell increase market share.

Drew Lawton, former CEO of New York Life and Pyramis – Fidelity's retirement vertical, has recently joined Vestwell's Advisory Board. As a former operator on the institutional side, Drew's extensive wealth of knowledge in the financial services space will help steer the company to new strategic heights.

"Both John and Drew bring imposing knowledge from their careers in financial services and their insight will advance Vestwell's mission to help advisors more seamlessly offer retirement plan services to their clients," said Vestwell CEO Aaron Schumm. "I welcome them to Vestwell and look forward to hearing their valuable perspectives as Vestwell continues to poise for new growth."

To support ongoing growth including the expansion of offerings and services, Vestwell has brought on two senior hires in Benjamin Thomason and John Skovron. 

Benjamin Thomason joins Vestwell as executive vice president of sales from Goldman Sachs where he was responsible for developing institutional partnerships for Honest Dollar. With over 15 years of financial services industry experience, Benjamin will lead Vestwell's sales and service operations with a focus on expanding the firm's advisor relationships, building new strategic institutional relationships, and maintaining world-class customer service.

John Skovron previously served as senior vice president platform engineering at Integral Ad Science focusing on high throughput data collection, big data processing, software testing and release engineering, and technical and network operations. As the new CTO at Vestwell – and backed by over 30 years' experience – John will serve as an invaluable asset as he drives Vestwell's technological advancements.

"Vestwell continues to thrive due in large part to the many talented individuals that have come together," said Schumm. "We are excited to have Ben and John join our team and reinforce our strategic game plan. They both bring abounding competence to their roles, and as we aim to expand our business model, their expertise will significantly augment our services and offerings."

For more information about Vestwell, please visit: http://www.vestwell.com/.

About Vestwell Holdings, Inc.
Vestwell Advisors, LLC is a SEC registered investment advisor, a wholly owned subsidiary of Vestwell Holdings, Inc., specializing in 401(k), 403(b) and other defined contribution and benefit retirement investment management services. Built by an experienced team led by CEO Aaron Schumm, Vestwell can assume 3(38) or 3(21) investment management and ERISA3(16) fiduciary responsibility on the behalf of advisors and their plan sponsor clients. Learn more at Vestwell.com and on Twitter @Vestwell. 

This is not an offer, solicitation, or advice to buy or sell securities in jurisdictions where Vestwell Advisors is not registered. An investor should consider investment objectives, risks and expenses before investing. More information is available within Vestwell Advisors' ADV.  There are risks involved with investing. Investors should consider all of their assets, income and investments. Portfolios are subject to change. All opinions and results included in this publication constitute Vestwell Advisors' judgment as of the date of this publication and are subject to change without notice.

SOURCE Vestwell

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