Envestnet announced that Bill Crager has made the decision to transition from the role of CEO effective March 31. Beginning April 2024, Crager will continue with Envestnet as a Senior Advisor, focusing on client and partner relationships, leaning in on key strategic initiatives, and continuing to be a visionary voice for the financial services industry. Envestnet’s focus on client excellence and service is unwavering. Tom Sipp, Executive Vice President, will continue to lead Envestnet’s business lines partnering closely with Crager and Board Chair James Fox, who will serve as interim CEO as of April 1, until a successor is in place. The Board of Directors will initiate a search for a successor, considering internal and external candidates, with assistance from an independent executive search firm.
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