IRALOGIX announced its appointment of Tom Albergo as chief operations officer.
Albergo will assume his new position on December 2, and will report to Peter de Silva, chief executive officer, and will be a member of the company’s executive leadership team. Albergo succeeds Christine Skatchke, who is retiring at the end of December.
“We are excited to welcome Tom to the IRALOGIX team and are eager to leverage his experience, service orientation, and operational acumen to drive our continued growth,” said Peter de Silva. “With his extensive background in retirement operations, Tom is the perfect fit to help us achieve our growth, client experience, and operational goals. I am confident that his insights and contributions will be pivotal in accelerating our progress and strengthening IRALOGIX’s position as a leader in the retirement marketplace.”
“I am thrilled to join IRALOGIX as COO, especially at such a transformative time in the company’s journey,” Albergo said. “I look forward to shaping our operational strategy to deliver outstanding service to our customers and helping to shape and drive our business strategy through efficiency, innovation, and investments in our people.”
Most recently, Albergo served as senior vice president of Retirement Operations for Ascensus. He was responsible for growing business operations, driving process improvements, and boosting line quality and service. He oversaw two retirement operating centers, two offshore service centers, and a $25 million P&L. Before Ascensus, Albergo held senior operations roles at ING.
The appointment comes months after the firm announced a swift CEO transition. In April, the Pittsburgh-based retirement industry fintech provider said its then-CEO Dave Bernard would step down immediately and replaced by Peter de Silva. IRALOGIX had not offered any comment on the sudden transition beyond comments in a press release that praised him for his work in building the firm.
“On behalf of the board, I want to thank Dave and the IRALOGIX team for the great job they have done in leading the company from a fledging startup to a truly disruptive force in the retirement market,” board member Jim Smith said at the time via the press release.
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IRALOGIX Announces Immediate CEO Transition
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.
