Corporate Roundup: Wilshire Advisors Taps CEO, JPMorganChase Commits $14.5M to Benefit Programs

Wilshire Advisors Taps CEO

Wilshire Advisors LLC, a global financial services firm, has appointed Jason Schwarz to chief executive officer, effective immediately.

He succeeds current CEO, Andy Stewart, who will assume the role of executive chairman and continue to provide strategic guidance and support to the executive team, focusing on long-term vision, M&A, and growth initiatives.

“Jason’s appointment to CEO is a natural and exciting next step in our evolution that aligns with the path we’ve set for the future,” said Stewart. “Since joining the firm in 2005, his vision and dedication have been instrumental in expanding our capabilities and delivering meaningful results for those we serve. I am confident that under Jason’s leadership, Wilshire will continue to innovate and set new standards for client partnership and investment excellence.”

With more than 25 years of experience in financial services, Schwarz most recently served as president and deputy CEO at the firm. In this role, he was responsible for overseeing all facets of growth and execution across Wilshire’s business.

“I am honored to lead Wilshire as we embark on this exciting new chapter,” said Schwarz. “Our clients’ evolving needs inspire us to innovate and deliver solutions that drive their success. Building on Andy’s legacy, I look forward to working with our talented team to deepen our client relationships, expand our offerings, and set new standards for excellence in the industry.”

Additional leadership changes

Along with Schwarz’s appointment, Hanna Valva and Jason Hubschman will assume the roles of co-chief operating officers. They succeed Scott Condron who will be moving to a senior advisor role, providing support to the executive team before he retires later in the year.

Valva will continue in her role as chief technology officer, while Hubschman will maintain his co-leadership of the alternative managed account business.