SEI has appointed Karin Risi and Tom Naratil to its Board of Directors. They join Executive Chairman Alfred P. West, Jr., and current directors, including CEO Ryan Hicke and others. Stephanie Miller has resigned from the board to pursue a leadership role in the industry.
Karin Risi, an Independent Director for HarbourVest Partners, brings 30 years of experience from her time at Vanguard, where she oversaw significant business areas, including the $2.5 trillion Personal Investor and Wealth Management sectors. Risi will also be on the Compensation and Nominating & Governance Committees.
Tom Naratil is an Operating Partner at Lightyear Capital and a Senior Fellow in Finance at West Point, focusing on personal finance education for future officers. He has a lengthy career at UBS, where he held numerous leadership positions. Naratil will serve on the Audit and Legal & Regulatory Oversight Committees.
Risi is involved with nonprofit organizations, while Naratil serves on the boards of several Lightyear Capital portfolio companies and KKR Private Equity Conglomerate, LLC (K-PEC).
KEY QUOTES:
“We’re thrilled to welcome Karin and Tom to SEI’s Board of Directors, as they bring a breadth and depth of leadership experience and expertise across wealth management. I’m confident they will provide strategic insight that will be invaluable as we continue to transform our company and deliver long-term value to our clients and shareholders.
“On behalf of the Board, we thank Stephanie for her services and wish her the best in her future endeavors.”
Alfred P. West, Jr.
“SEI has a long track record of embracing innovation and delivering long-term value, and they continue to redefine enterprise solutions with scale and flexibility to better meet client needs. I look forward to working with the board and management team as they continue to innovate and help clients adapt to the rapidly changing dynamics of the asset and wealth management industry.”
Karin Risi
“There are seismic shifts happening across the industry, and capitalizing on those opportunities for growth is crucial to success in an increasingly competitive landscape. SEI’s ecosystem and unmatched breadth of capabilities can drive meaningful impact and empower investors. I’m excited to support Al, Ryan, and the board in delivering sustained growth for SEI’s stakeholders and shareholders.”
Tom Naratil
