Joins Corporate Plan Sponsor Association with Over 20 Years of Policy, Legal and Plan Administration Experience.

WASHINGTON, DC, UNITED STATES, May 11, 2017 /EINPresswire.com/ -- The Committee on Investment of Employee Benefit Assets (CIEBA) announced today that Dennis
Simmons has been appointed by the CIEBA Board as their new Executive Director. Mr. Simmons joins
CIEBA with over 20 years of government policy, legal and plan administration experience working with
all types of employee benefit plan sponsor clients, most recently 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,”
said 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’s advocacy experience will help CIEBA maintain a strong presence as new public policies directly
impacting plan fiduciaries and their participants are contemplated.”

Mr. Ward also noted that “CIEBA member firms put a huge value on the ability to tap into a tremendous
network of fellow plan investment fiduciaries and experts to help them serve the retirement needs of their
plan participants. Dennis’s decades of experience working with all types of plan sponsor companies will
be a valuable resource in helping CIEBA members navigate the complex set of issues and challenges they
face.”

“I’m excited to help CIEBA continue to bring the voice of the fiduciary to the table during these
important times,” Mr. Simmons said. “I’m also excited to help CIEBA’s members meet their obligations
to plan participants. CIEBA’s membership is a tremendous group of extremely dedicated professionals
who are each day fulfilling their fiduciary responsibilities. The members have so much to share on
important issues with policymakers and with other CIEBA members.”

Mr. Simmons will succeed Ray Kanner, the former CIO at IBM who has been serving as Acting
Executive Director. “CIEBA’s growth under Ray and the important contributions he has made are so
appreciated by the CIEBA Board,” Mr. Ward said. “We thank Ray for all of his contributions.”

“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,” Mr. Simmons said.
“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.”

Mr. Simmons can be reached at Dennis_Simmons@CIEBA.org.

About CIEBA:

CIEBA members are the chief investment officers of more than 100 of the Fortune 500 companies who
individually manage and administer Employee Retirement Income Security Act (ERISA) - governed
corporate retirement plan assets. CIEBA members voluntarily sponsor plans and manage almost $2
trillion of retirement assets on behalf of 15 million participants, representing a very significant portion of
the largest private defined benefit and defined contribution retirement plans in the US.

As the largest organization of corporate pension investment officers, CIEBA represents the interests of
employee benefit plan sponsors before legislators, Congress, regulators, and the media. Since 1985,
CIEBA has provided a nationally recognized forum and voice for corporate pension plan sponsors on
investment and fiduciary issues.

Aaron Marks
CIEBA Inc.
2028616634
email us here

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