Leadership Retirement Announcement

We would like to inform you that the memo below went out to our YMCA Retirement Fund staff announcing the retirement of two senior leadership team members, Vanessa Boulous and Vince De Sio. As a result, we will be restructuring the organization.

We are thankful for Vanessa’s and Vince’s contributions to the YMCA Retirement Fund over the years and wish them both the best as they begin the next chapter of their lives.

Sincerely,

Scott Dolfi, President and CEO

Today’s Memo to YRF Staff:

I’d like to share the news of Vanessa Boulous’ and Vince De Sio’s retirement.

Vanessa joined the Fund 11 years ago, and is approaching 35 years of service to the Y. Vanessa served as our relationship channel to the YMCA’s and kept her finger on the pulse of the Y’s. Throughout her career at the Fund (and especially during the last several months) she worked tirelessly with the Y’s, talking to them about the mission of the Fund, helping them manage through COVID-19, and serving as a sounding board to many Y CEO’s. As someone who is new to the YMCA Movement, I valued her passion and perspectives.

Vince joined the Fund over 20 years ago and has played a role in some of the most important parts of our business. Vince was also a member of the board of the Armed Services YMCA. Vince’s tenure at the Fund and his ability to provide insightful perspectives were utilized to solve problems across our organization. His straightforward style has helped position the Fund for generations to come.

These two retirements have led me to rethink the way the Fund is structured. With Vanessa’s departure, I’ve decided to realign the YMCA Relations team and strategy to create a greater focus on education. Laura Lombard and Ed Toole will report to me until we can identify a candidate to oversee this strategy and team. Marcela Deitrich will continue to oversee Customer Service and Marketing and will become one of my direct reports. Steve Collier and the Administrative Services team will now report to Marcela.

We have conducted a search for a new CFO to replace Vince. I’m pleased to announce that Mike Cefole will be joining the Fund on October 5 as CFO. Mike is an accomplished corporate finance executive and business leader. He has extensive experience in annuities and retirement plans as well as a unique combination of finance, actuarial, plan design, and regulatory experience.

Please join me in congratulating Vince and Vanessa as they begin the next chapter in their lives.

Scott Dolfi