Succeeds Pete D'Arrigo Who Will Assist During
Transition
BERWYN,
Pa., Sept. 25, 2023 /PRNewswire/
-- Envestnet, Inc. (NYSE: ENV), a leading provider of
integrated technology, intelligent data and wealth solutions, today
announced that Joshua B. Warren is
joining the company as Chief Financial Officer. Warren is an
accomplished financial executive who served most recently as
Managing Director and Global Head of Business Strategy for iShares
and Index Investments for BlackRock. Warren will succeed Peter H.
D'Arrigo who served as Chief Financial Officer since 2008.
Warren will initially serve as a senior advisor to the Company's
Chief Executive Officer and will transition to become the Company's
Chief Financial Officer effective November
15, 2023. After the transition of Chief Financial Officer
responsibilities, D'Arrigo will serve as a senior advisor to the
Company's Chief Executive Officer through March 31, 2024. Warren will work with D'Arrigo,
in the interim, to assure a smooth transition.
"Josh Warren is a tremendous
addition to our leadership team. With his proven record of
delivering shareholder value, Josh brings a powerful blend of
financial discipline, analytical rigor and strategic insight drawn
from substantial industry experience and familiarity with our
business," said William Crager,
Envestnet Co-Founder and Chief Executive Officer.
"I'm excited and honored for the opportunity to join the team at
Envestnet. I look forward to enhancing our market leadership
position by focusing on executing with speed, scale, and efficiency
while significantly expanding margins, cash flows and delivering
value to clients and our shareholders," said Josh Warren, incoming Chief Financial Officer of
Envestnet.
"On behalf of everyone at Envestnet, I also want to thank Pete
for his invaluable contributions," continued Crager. "From our IPO
through our significant growth over the last 15 years, Pete has
been an exceptional colleague. The hard work he has done puts us in
a good position to achieve our stated goals going forward."
Prior to his role in BlackRock's iShares and index investments
business, Warren served as a Managing Director in BlackRock's
Corporate Strategy and Development team, working with senior
leaders at BlackRock to shape the vision, direction and
execution of initiatives related to Aladdin, its tech platform that
unifies the investment management process, and to drive the Aperio
and eFront acquisitions. He also played a significant role in
developing the strategic relationship between BlackRock and
Envestnet in 2018. Warren has also been a member of the Board of
Directors and the Audit & Risk Committee of iCapital, a fintech
platform for alternative investments, since 2019.
Prior to joining BlackRock in 2015, Warren's experience included
roles at Barclays; Foros Group; the United States Department of the
Treasury; Skadden, Arps, Slate, Meagher & Flom LLP; and working
for former Senator John Kerry. He is
a CFA charterholder and holds the Chartered Alternative Investment
Analyst designation. Warren is a graduate of Dartmouth College and NYU Law
School.
About Envestnet
Envestnet is transforming the way financial advice is delivered
through an ecosystem of technology, solutions, and intelligence. By
establishing the connections between people's daily financial
decisions and long-term financial goals, Envestnet empowers them to
make better sense of their finances and live an Intelligent
Financial Life™. With more than $5.4
trillion in platform assets—more than 107,000 advisors, 16
of the 20 largest U.S. banks, 47 of the 50 largest wealth
management and brokerage firms, more than 500 of the largest RIAs,
and thousands of companies, depend on Envestnet technology and
services to help drive better outcomes for their businesses and for
their clients.
Envestnet refers to the family of operating subsidiaries of the
public holding company, Envestnet, Inc. (NYSE: ENV). For more
information, please visit www.envestnet.com, and follow us on
LinkedIn and X (@ENVintel).
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SOURCE Envestnet