Financial Engines Chief Financial Officer Ray Sims to Retire
November 03 2016 - 4:07PM
Business Wire
Financial Engines (NASDAQ:FNGN) today announced that Ray Sims
plans to retire as chief financial officer in 2017 following the
completion of a process to choose his successor. He intends to
remain in his position until a new chief financial officer is
appointed and will assist his successor to ensure an orderly
transition.
“Ray has been a great asset to the Company and has made many
contributions to the business since he joined in 1999. We thank him
for his dedication, loyalty and passion for Financial Engines and
are grateful for his commitment to assist with the upcoming
transition,” said Larry Raffone, president and chief executive
officer of Financial Engines.
“It’s been an honor and a privilege to be a part of the
Company’s growth over the past 17 years,” said Sims. “I have been
fortunate to work with an incredible group of fellow employees and
I am proud of what we have accomplished together. I'm looking
forward to helping the team make a smooth transition to a new
CFO."
Mr. Sims’ retirement is not related to any disagreement with the
management team, the Board of Directors or the Company’s
auditors.
About Financial Engines
Financial Engines is America’s largest independent investment
advisor1. We help people make the most of their money by providing
full-service financial planning, including professional investment
management and advice. Headquartered in Sunnyvale, CA, Financial
Engines was co-founded in 1996 by Nobel Prize-winning economist
William F. Sharpe. We serve as a comprehensive financial advisor
for our workplace customers, and offer help to more than nine
million people across over 700 companies (including 147 of the
Fortune 500). Our unique approach, combined with powerful online
services, dedicated advisors and personal attention, promotes
greater financial wellness and helps more Americans to meet their
financial goals.
For more information, please visit www.financialengines.com.
All advisory services provided by our investment advisory
subsidiaries, including Financial Engines Advisors L.L.C.,
Financial Engines Advisor Center, LLC, and registered investment
advisors known as The Mutual Fund Store. Financial Engines does not
guarantee future results.
1 For independence methodology and ranking, see InvestmentNews
RIA Data Center. (http://data.investmentnews.com/ria/).
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