WATKINSVILLE, Ga.--(BUSINESS WIRE)--The Board of Directors of Stadion Money Management LLC, a firm known for its tactical investment solutions, all of which share Stadion’s defensive growth philosophy, today announced that Jud Doherty will become Chief Executive Officer effective April 1, 2015 while Chairman and CEO Tim Chapman will become Executive Chairman.
Mr. Doherty joined Stadion in 2001 and has served as its President since 2007, a title he retains. He also serves as President of the Stadion Investment Trust, a member of the investment committee, and is a member of Stadion’s Board of Directors. Tim Chapman, Stadion’s co-founder, will remain active as the company’s Executive Chairman.
“I am happy to announce Jud’s well-deserved promotion to CEO,” Mr. Chapman said. “Jud is a proven leader and has capably led the day-to-day management of Stadion for the last 8 years. During that time he has developed an outstanding management team and together with the rest of the team at Stadion, has grown Stadion by nearly 500% since 2007.”
“Most importantly,” Mr. Chapman added, “in addition to Jud’s strong operating skills and strategic vision, Jud is a great person. Under his leadership, Stadion will continue to operate with integrity, transparency, and an unwavering commitment to financial advisors who trust Stadion with their clients' serious money.”
“This promotion is a great honor, and I am excited to lead Stadion to its next level of accomplishment,” Mr. Doherty said. “Under Tim’s stewardship we’ve built Stadion into an enviable franchise and assembled a team of talented, principled, dedicated professionals. I look forward to continuing to work shoulder to shoulder with them to grow market share and deliver superb value for our clients, colleagues and shareholders.”
About Stadion Money Management
Established in 1993, Stadion Money Management is an independent firm headquartered near Athens, Georgia. Stadion’s proprietary money management process is focused on minimizing risk and participating in up markets through investments in ETFs. As of 12/31/14 Stadion managed approximately $5.1 billion. Visit Stadion Money Management at www.stadionmoney.com.
Past performance is no guarantee of future results. Investments are subject to risk, and any of Stadion’s investment strategies may lose money.
