FEG President, CEO Becky Wood to Retire at End of 2023

Fund Evaluation Group LLC, also known as FEG Investment Advisors, an employee-owned investment advisory with $71 billion assets under advisement, announced that Becky Wood, its president and CEO, will retire at the end of 2023 after five years at the helm of the organization and more than three decades of service to the firm.

Current CIO Alan Lenahan will take over as CEO, while Bill Goslee, the current head of institutional services, will take over as president, both in 2024. Additionally, Nolan Bean was promoted from head of institutional investments to co-CIO, effective immediately, joining Greg Dowling.

Upon her retirement from Cincinnati-based FEG, Wood will continue her affiliation with the organization by being elevated to chairwoman of the firm’s board.

Her replacement, Alan Lenahan, who previously served as CIO of the firm for the past seven years, will assume the role of CEO at the turn of the new year. In addition to this promotion, FEG elevated Bill Goslee, former the head of institutional services for the past 15 years to president, effective, January 1, 2024. While promoting Nolan Bean from managing principal, head of institutional investments, to co-CIO effective immediately, alongside current Co-CIO Greg Dowling.

Lenahan has been at FEG for 21 years, the last seven as CIO, and holds both a CFA charter and a CAIA charter, with previous stints at Western & Southern Life and Arthur Andersen.

Goslee has been with FEG for 15 years and brings 38 years of financial services experience to the president role, with tenures at Arthur Andersen, Goldman Sachs Asset Management and Nationwide Financial.

“Alan and Bill have been instrumental in the development and execution of FEG’s investment and business strategy for more than a decade,” Wood said in a statement. “We are confident that through their focus on investment performance and client engagement, FEG will deliver an exceptional investment experience to our deserving clients. As tenured members of the FEG Leadership Team, Alan and Bill have highly complementary skill sets and a long history of close collaboration. They also have a deep understanding of the distinct needs of our institutional clients, their long-term investment objectives, and unique missions. I look forward to working closely with Alan, Bill and our entire Leadership Team throughout this transition, and I am pleased to have the opportunity to continue to uphold FEG’s mission, vision and values as a member of the Board moving forward.”