WASHINGTON, DC, April 25, 2023 (GLOBE NEWSWIRE) — MissionSquare Retirement today announced that its Board of Directors has appointed Chairman Deanna J. Santana as Acting CEO and President following Lynne Ford’s resignation. for the new permanent CEO. Ford’s last day was yesterday. Current Board member Bob Jones will succeed Santana as Chairman of the Board during this period.
“For more than 50 years, MissionSquare Retirement has provided public servants with the opportunity to retire with dignity and financial independence. We remain committed to this important mission.” Santana said. “Mission-Square Retirement is in a strong position and this leadership transition brings renewed focus to our plan participants and sponsors. Across the board, we are committed to serving our stakeholders.”
“The board has complete trust in Deanna leading the team in carrying out our mission of helping public servants secure their retirements,” Jones said. . “The Board will strive to ensure a higher level of transparency across the organization and provide tangible and meaningful support to our leadership and staff.”
With over 28 years of public service experience, Santana has served as Mayor of Santa Clara and Sunnyvale, City Administrator of Oakland, and Deputy Mayor of San Jose. She served as the only public service executive to hold a senior leadership role in her Valley of Silicon Valley cities that make up the nation’s largest tech her hubs (San Jose, Sunnyvale, Santa Her Clara). Stand out. forbesIn addition to leading service delivery in each of these complex cities, Santana has served on the MissionSquare Retirement Board of Directors for eight years, including as chair since January. Santana earned his two undergraduate degrees from the University of California, Berkeley, and a master’s degree in urban planning from the Massachusetts Institute of Technology.
A Board member of MissionSquare Retirement since 2016, Jones brings more than 15 years of experience as Chairman and CEO of Old National Bank to his new role as Chairman of the Board. He is a former officer of Vectren and the Federal Reserve Bank of St. Louis. Jones is also Senior Advisor for Ethical Leadership at Butler University’s Lacey School of Business.
The leadership of Santana and Jones ensures that MissionSquare Retirement remains true to its more than 50-year mission to help public service employees secure their retirement.
About the retirement of Mission Square
MissionSquare Retirement is dedicated to leading those who serve our communities toward a safe, confident and financial future. Founded in 1972, MissionSquare Retirement is a financial services company with more than $68 billion in average assets under management, 1.8 million participants, and approximately 9,300 plan sponsors. is focused on providing retirement planning, investment options and personalized guidance exclusively for the public service sector.
For more information, visit www.missionsq.org or follow the company on Facebook, LinkedIn and Twitter.
*As of February 2023. Includes 457, 401, 403(b), retirement health savings (RHS) plans, employer investment program (EIP) plans, related IRAs, and investment-only assets. Includes assets controlled and controlled by MissionSquare and its subsidiaries.