Alicia H. Munnell, founding director of the Center for Retirement Research (CRR) at Boston College, will step down from her position on December 31, after more than two decades of leadership. She will remain with the CRR as a senior advisor.
Munnell, who holds the Peter F. Drucker Chair in Management Sciences in the Carroll School of Management, is recognized as one of the nation’s most influential experts on retirement income policy. Before coming to Boston College, she served as a member of the President’s Council of Economic Advisers and Assistant Secretary of the Treasury for Economic Policy. Previously, she spent 20 years at the Federal Reserve Bank of Boston, where she became senior vice president and director of research.
Deputy Director Andrew Eschtruth, who has been with the organization since its inception, will become the next CRR director, supported by senior researchers: Jean-Pierre Aubry, Anqi Chen, Laura Quinby, and Gal Wettstein.
“Alicia Munnell is a distinguished economist whose scholarship has had a profound and lasting impact on strengthening the U.S. retirement system and household financial security throughout her career in government service and during her past quarter century here at Boston College,” said Provost and Dean of Faculties David Quigley. “She arrived at Chestnut Hill with a compelling vision for her new center and went on build the CRR into the nation’s leading research center on retirement policy. Her legacy includes the exceptional team she has created to carry on the CRR’s mission, and her mentoring of a generation of scholars around the world who are refining our understanding of the economics of aging, retirement, and lifelong financial health.”
Munnell says that the CRR’s senior research team will also assume more responsibilities in shaping the center’s research program, expanding development activities, and mentoring junior researchers.
“The CRR is in good hands,” said Munnell. “I am confident that it will continue to thrive for decades to come.”
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Amanda Umpierrez is the Managing Editor of 401(k) Specialist magazine. She is a financial services reporter with over six years of experience and a passion for telling stories and reporting news. Amanda received her degree in journalism and government and politics at St. John’s University. She is originally from Queens, New York, but now resides in Denver, Colorado with her partner. In her free time, Amanda enjoys running, cooking, and watching the latest drama show.
