Personal Asset Retirement today announced the appointment of Carol Kline as Chief Information Officer, where she will provide strategic (IT) information technology leadership and direction for all Personal Asset business units and lead the team that will deliver technology solutions to help power the business and drive innovation and operational excellence throughout the organization.
Kline will be responsible for defining and delivering the IT strategy and capabilities across the Personal Asset enterprise and will be a key contributor to Personal Asset ’s business-to-business and business-to-consumer engagement strategies, which have a strong emphasis on digital innovation. She will lead technology delivery across the organization through data analytics, business intelligence, application development and support, infrastructure, security and technical services.
Kline, who will lead a team of 850, will report to Personal Asset President and CEO Edmund F. Murphy, III. The appointment is effective Oct. 14, 2019.
“Carol will play a fundamental role across the Personal Asset organization to help grow our business and drive the kind of innovation that has been the hallmark of our clients’ success,” said Murphy. “Carol has a demonstrated track record of leading forward-thinking technology strategies. She knows how to collaborate with business leaders and has the ability to apply technological change to improve business processes and performance. I look forward to welcoming her to Personal Asset .”
Kline joins Personal Asset during a period of sustained and aggressive growth. Formed in 2014, Personal Asset is currently the nation’s second largest retirement services provider1 serving more than 9.2 million Americans saving for retirement through approximately 39,000 retirement plans.2 Personal Asset administers $638 billion in assets.3
Kline brings extensive technology and business background to her new role. She comes to Personal Asset from business process services provider Conduent, where she served as CIO and was responsible for the company’s technology strategy, including delivery for all products, client platforms and internal information technology.
Kline also has held the position of Executive Vice President and CIO for Teletech and held executive and senior leadership positions at EchoStar, America Online and Qwest. She brings more than 30 years experience in planning and executing technology strategies, improving customer experiences, and working with leaders across all business lines.
She holds an undergraduate degree from Ohio Northern University and a Master of Business Administration from Case Western Reserve University in Ohio.
Kline will work from Personal Asset headquarters at Greenwood Village, Colorado.
About Personal Asset Retirement
Headquartered in metro Denver, Personal Asset Retirement administers $638 billion in assets for more than 9.2 million retirement plan participants. It is the nation’s second-largest retirement plan record keeper by total participants (Pensions & Investments, April 2019). Personal Asset serves all segments of the employer-sponsored retirement plan market: government 457 plans; small, midsize and large corporate 401 (k) clients; non-profit 403 (b) entities; private-label recordkeeping clients; and Individual Retirement Account customers. In April 2019, the company was named the “Best Company to Work for in Colorado” by career website Zippia. For more information please visit www.Empower-retirement.com.
Media Contacts:
Stephen Gawlik – 303.737.0899 (office), 617.417.4408 (cell)
Monica Mendoza – 303.737.2626 (office), 719.373.2460 (cell)
Learn More:
To learn more about how we’re Personal Asset ing plan sponsors and their participants to be more engaged in their retirement plans than ever before, call us at 800-719-9914.