Glenmede, a Philadelphia-based investment and wealth management firm, has named company President Peter J. Zuleba III to the additional position of CEO, the company said.
Zuleba, who assumed the role of president in January 2023, succeeds Gordon B. Fowler Jr., who retired at the end of August after having served as president and CEO for more than 13 years.
“Peter and I have partnered on numerous growth efforts over the years, and I’m confident hr’s the right person to succeed me and drive further success for our firm,” Fowler said in a news release. “He is a seasoned leader with deep experience in all facets of our business, and he will no doubt continue to deliver strong outcomes for our clients, employees, and communities alike.”
Zuleba joined Glenmede in 2004 as a senior portfolio manager and director of equity research. As head of Glenmede Investment Management, he led the business through a decade of growth, while also building out Glenmede’s sustainable and impact investing capabilities; spearheading the firm’s initial diversity, equity, and inclusion efforts; and working to advance Glenmede’s technology capabilities and offerings to enhance the client experience, according to the release.
Prior to joining Glenmede, Zuleba got his start working for JPMorgan Chase, where he rose to the position of vice president after 15 years of service with the firm.
Zuleba received a bachelor of business administration (B.B.A.) degree from the University of Delaware, and also holds a master of business administration (M.B.A.) degree from the University of Miami.
“We strive every day to deliver exceptional outcomes to our clients, and we continuously work on initiatives that further enhance the client and employee experience, build enduring relationships, and showcase our thought leadership as an independent investment and wealth management firm,” he said.
Founded in 1956 to serve as corporate trustee of the Pew family trusts, Glenmede oversees more than $42 billion in assets under management for high-net-worth individuals, families, family offices, endowments, foundations, and institutional clients nationwide.