President of The Glenmede Trust Company Succeeds Retiring CEO

With Nearly 20 Years at the Firm, Peter Zuleba Assumes CEO Role

PHILADELPHIA--(BUSINESS WIRE)--Glenmede, a leading investment and wealth management firm overseeing more than $42 billion in assets under management,* today announced that Peter J. Zuleba III, President of The Glenmede Trust Company, has assumed the role of Chief Executive Officer. He succeeds Gordon B. Fowler, Jr., who retired at the end of August of this year after serving as President and CEO for over 13 years.

Zuleba, who assumed the role of President in January 2023 and will maintain this position, brings extensive experience in institutional investing, private client relationship management, endowment and foundation management, technology and corporate leadership to the CEO position.

“Since our founding nearly 70 years ago, Glenmede has been a firm with an unparalleled commitment to the ongoing success of our clients, employees and communities, and to building enduring and impactful relationships,” said Zuleba. “I’m excited to lead a company that understands and prioritizes its responsibility to its stakeholders. 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.”

Zuleba joined Glenmede in 2004 as a Senior Portfolio Manager and Director of Equity Research and has held several senior leadership positions over the years. As Director of Investments, he shaped Glenmede’s investment culture by developing a talented and experienced team to support institutional, endowments, foundations and private clients. He led Glenmede Investment Management through a decade of growth, built out Glenmede’s Sustainable and Impact Investing capabilities, spearheaded the firm’s initial diversity, equity and inclusion efforts, and worked to advance Glenmede’s technology capabilities and offerings to enhance the client experience.

“Peter and I have partnered on numerous growth efforts over the years, and I’m confident he’s the right person to succeed me and drive further success for our firm,” said Fowler. “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.”

About Glenmede

Glenmede is among the nation’s leading investment and wealth management firms. Together with its affiliates, the company oversees more than $42 billion of assets under management* for high-net-worth individuals, families, family offices, endowments, foundations and institutional clients. Headquartered in Philadelphia, the firm has offices in Ohio, Delaware, Florida, New Jersey, New York, Pittsburgh and Washington, DC. For further information, please visit www.glenmede.com.

*as of 6/30/23