Orion Advisor Options says CEO Eric Clarke plans to retire by year-end. Clarke, who based the agency in late 1999, will proceed to serve on Orion’s board of administrators and intends to “work with the board on a easy management transition,” the turnkey asset administration supplier stated late Monday.
“As Orion approaches our 25-year anniversary in 2024, I’ve acknowledged this as the proper time for me to retire from the CEO position whereas remaining an energetic member of the corporate’s board of administrators,” Clarke stated in a press release.
“I need to specific my honest gratitude to our advisor purchasers, staff members, board, and all concerned within the RIA business,” he added. ”I’m humbled and grateful to be a part of what we’ve constructed collectively over the previous two-and-a-half a long time.”
The information of Clarke’s retirement comes one week after Orion named Charles Goldman govt chair of its board of administrators. Goldman, the previous head of AssetMark, will lead the agency’s seek for a brand new CEO. He joined Orion’s board in September and likewise serves on the strategic advisor board of the non-public fairness agency Genstar Capital.
