#USA #Alameda #Phocas Financial #Yolanda Foreman #William Schaff

Phocas Financial Begins a New Chapter in Leadership

Phocas Financial Corporation, a prominent investment management firm servicing U.S. public pension plans, has announced a significant leadership transition. On March 31, 2026, Yolanda Foreman was appointed as Chairperson and Chief Executive Officer, stepping into her role as William Schaff retires from the firm. This leadership change signals a new era for Phocas Financial as it aims to maintain high service standards and strategic growth.

Yolanda Foreman joined Phocas Financial shortly before the COVID-19 pandemic was declared, positioning her uniquely to understand the complex challenges that have shaped the investment landscape over recent years. Her tenure has proven her ability to steer the firm adeptly through tumultuous periods, ultimately making her the most suitable candidate for the top role. "As we begin this next chapter, I want to extend my deepest gratitude to William Schaff for his exemplary service and trustworthy guidance while building our firm," said Foreman. "These changes will enable us to enhance our proven track record and continue to deliver innovative solutions that our clients expect."

Schaff has been a pivotal figure in Phocas's journey, showcasing impressive leadership since joining. His contributions have helped the firm achieve significant milestones, including overseeing the management of approximately $800 million in assets, primarily invested through various U.S. public pension plans in their small-cap value equity strategy. Under Schaff's guidance, Phocas launched this flagship strategy in 2006, which has consistently outperformed its Russell 2000 Value Index benchmark over the years, boasting a five-year median annual outperformance rate of 4.68% before fees as of December 31, 2025.

In anticipation of Schaff's retirement, Phocas Financial has ensured a smooth transition of responsibilities, allowing continuity in leadership. This is integral as the firm aims to uphold its commitment to both clients and stakeholders while preparing for future challenges in the investment arena.

Foreman’s ascension to CEO is seen as a strategic move aimed at solidifying Phocas Financial's market position and responsiveness amid evolving industry dynamics. Her leadership style, characterized by resilience and strategic foresight, aligns perfectly with the firm's vision for sustainable growth. As Phocas continues its evolution, the organization remains dedicated to numerous key priorities—enhancing client service, facilitating innovative investment strategies, and maintaining strong governance practices.

With a legacy of committed leadership and a robust operational framework, Phocas Financial is well-positioned to thrive under Yolanda Foreman's stewardship. As she takes on her new responsibilities, the company looks forward to continuing its mission while embracing opportunities that lie ahead.

For more detailed information about Phocas Financial Corporation, visit their official website at Phocas Financial.