Becky Wood will become FEG’s
president and CEO.
Scott Harsh, CEO and president of investment consulting firm Fund Evaluation Group Investment Advisors (FEG), is stepping down, and the company’s board of directors has named Rebecca Wood, head of institutional services, as his successor.
Harsh will leave at the end of the year, after having spent 28 years with the company. Wood, who has been with FEG for 26 years, has been a member of the firm’s leadership team since 2002.
“I am excited and committed to our plans for strong future growth,” Wood said in a release. “Our commitment to the needs of our clients and our focus on independence will continue to drive us every day.”
Under Harsh’s stewardship, the company grew to approximately $69 billion in assets under advisement as of 2017. The company said that up Harsh will work closely with FEG to ensure a smooth transition for Wood.
“We wish Scott the best in his personal endeavors after a long tenure at the helm of FEG,” Nolan Bean, head of institutional investments, said in a release. “Becky’s collaborative style, experience, and knowledge of the industry, and client-centric focus make her the ideal leader for FEG’s future.”
Wood is a finalist for Consultant of the Year in CIO’s ninth annual Innovation Awards, to be held Dec. 13 in New York City.
By Michael Katz