Institutional Investor spoke with Michael Manning, Tim McCusker, and Sarah Samuels about NEPC’s newly announced leadership transition, offering an inside look at the firm’s long-term succession strategy. Visit Institutional Investor’s website to read the full exclusive or read excerpts below.
NEPC’s longtime investment chief Tim McCusker will succeed Michael Manning to lead the $1.7 trillion investment giant — first as president, then as CEO — as part of a multiyear transition plan.
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Sarah Samuels, a partner at NEPC, has been appointed to CIO as part of this succession plan.
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“A really important part of this transition is to create continuity,” McCusker said. “That’s not to say we won’t change; NEPC will continue to evolve… we [just] want to do it in a way where our DNA, our values, our culture, don’t change.”
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“We’re going to maintain the strength of the investment team [and] enable our people to stretch and grow,” Samuels said.
Click here to read the full article on the Institutional Investor site.