Ascensus Unveils Exciting Leadership Change with Nick Good as CEO in 2026

Ascensus Announces Planned Leadership Succession

In a pivotal moment for Ascensus, a leading independent technology and service platform dedicated to empowering savings plans across America, the company has officially announced a strategic leadership transition. Effective January 1, 2026, David Musto will step down from his role as Chief Executive Officer to assume the title of Executive Chairman, while Nick Good, currently serving as President, will take over as CEO.

This planned succession reflects a thoughtful strategy developed by Mr. Musto in conjunction with the Ascensus Board, aimed at ensuring a seamless transition and the continued success of the organization.

Mr. Good expressed his enthusiasm for stepping into the CEO role, stating, "I am honored to serve as Ascensus' next CEO and lead this outstanding team. Our differentiated technology platform, service excellence, and depth of talent position us for accelerated growth and increased market impact in this next chapter."

Since joining Ascensus in 2023, Mr. Good has been instrumental in transforming the company into a more client-centric and experience-driven organization. His tenure has been marked by significant advancements, including the enhancement of the company's go-to-market strategy, a reimagined product experience, and a culture rooted in empowerment and professional development.

As Mr. Musto transitions to the position of Executive Chairman, he remains committed to supporting the company, providing strategic and operational guidance to Mr. Good and the management team. Mr. Musto is also expected to keep a close eye on crucial corporate and business development initiatives, maintaining a strong influence on Ascensus' relationships within the industry and with governmental entities.

Reflecting on his experience leading Ascensus, Mr. Musto stated, "It has been a privilege to serve Ascensus and our clients, partners, and associates during this period of dynamic growth and transformation, all while navigating extraordinary economic, social, and industry change."

In an expression of gratitude, Mr. Good acknowledged the trust of the Board and Mr. Musto, indicating his eagerness to continue advancing the company's mission of supporting savers throughout America. He aims to further champion the client focus and innovative technologies that have characterized Ascensus' achievements.

Ascensus, recognized for its extensive array of products and expertise, plays a crucial role in helping nearly 16 million individuals save for their futures. With more than $892 billion in assets under management and a dedicated workforce of over 5,000 employees, the company specializes in providing an array of retirement solutions, education savings programs, and fiduciary services.

As the landscape of savings solutions continues to evolve, Ascensus is strategically positioned to harness its industry knowledge, innovative platforms, and data-driven insights. The planned leadership change is a testament to its commitment to enhancing the success of its partners, clients, and the savers they serve. This shift promises to set the stage for the future growth of Ascensus amid challenges and opportunities that lie ahead.

For more information about Ascensus and its innovative services, visit ascensus.com.