News & Seminars

Message from the Chairman

John Preis has announced his intention to retire as CEO of the YMCA Retirement Fund, effective the end of the current fiscal year (June 30, 2019). On behalf of the Fund’s Board of Trustees, I want to express my profound gratitude to John for his skillful leadership of the Fund and for his passionate commitment to the YMCA Movement. All who know John know that “larger than life” captures him not only in the physical sense, but in every other dimension that matters. He loves the YMCA and all of the many people who serve their communities through the Y, and he cares deeply for his colleagues who serve with him at the Fund, both as staff and as trustees. John will be leaving an indelible mark as the leader of the Fund and, as a result, the YMCA Movement is stronger.

During John’s tenure the Fund doubled its assets under management, from $3.5 billion to $7.0 billion. The Fund currently serves more than 121,000 Participants and Retirees at nearly 800 YMCAs. It truly is an essential component of the YMCA’s impact nationwide, serving YMCA staff as they in turn serve their local communities with unparalleled commitment.

Along the way, John guided the Fund through good times and bad with a distinguished level of skill and professionalism. He navigated us through the shoals of the Dot-com Bubble of 2000-2002, the aftermath of the 9/11 attacks, and the Great Financial Crisis of 2008-2009. And under his leadership, the Fund secured legislation designating the Fund as a Church Plan by unanimous consent of the U.S. House of Representatives and U.S. Senate, with a law signed in 2004 by President George W. Bush.

The Board of Trustees of the YMCA Retirement Fund has formed a selection committee to guide the search for a new CEO. That committee is keenly aware that only five CEOs have led the Fund over its nearly 100-year history, and will undertake this responsibility with care and sensitivity that is commensurate with the importance of our task.  We anticipate that this process will run through the current fiscal year, ending June 30, 2019.

The Fund has an outstanding senior leadership team who, together with John, will continue to guide the Fund during the coming year, even as we undertake the important responsibility of identifying John’s successor.  I have no doubt that John and his remarkable team will continue to provide the same excellent service that is the hallmark of the Fund. 

 William Holby Message

William A. Holby

Chairman of the Board