The Philadelphia-headquartered firm is one of the largest such wealth management groups in the US.

Glenmede, the investment management group, yesterday announced that Peter J Zuleba III has taken up the CEO role, taking the helm from Gordon B Fowler, who retired at the end of August after a 13-year tenure.

Zuleba assumed the role of president in January 2023 and will keep this position. He joined Glenmede in 2004 as a senior portfolio manager and director of equity research. 

Zuleba is CEO of one of the largest wealth management houses in the US, as it oversaw more than $42 billion of client money as of the end of June. Glenmede is headquartered in Philadelphia with offices in Ohio, Delaware, Florida, New Jersey, New York, Pittsburgh and Washington, DC.

In November last year, Glenmede said that Susan Mucciarone, executive director of private wealth, had moved to a strategic advisory role. In January, the firm added two industry figures to its board of directors. In June 2022 it made a senior appointment for its business in Florida, an increasingly important wealth market in the US.