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Vestwell Names John Rettig to its Board of Directors

CFO of Bill joins leading fintech to enable accessible savings for more Americans

NEW YORK, NY, October 11, 2023 – Vestwell, the leading employer and individual savings platform, today announced it has appointed John Rettig, Executive Vice President and Chief Financial Officer of Bill, to its board of directors.

Rettig joins a team of leading fintech executives serving on the Vestwell board, including industry veteran and chairperson, Lori Hardwick. Rettig will work closely with Vestwell’s CEO, Aaron Schumm, and CFO, Dave Sheen in leveraging John’s experience and track record creating one of the most revered public fintech companies in the market.

“It’s hard not to see the vast impact Vestwell has on the industry today,” said Rettig. “The company has the right team, vision, and strategy in place to become a household name and serve the majority of Americans without access to savings. I’m thrilled to join the Board of Directors at Vestwell and help champion the firm’s next phase of growth.”

Rettig brings a wealth of experience to Vestwell with more than 20 years of strategic finance and operational leadership experience in both private and public companies. Prior to Bill, he was the CFO of Exponential Interactive, Inc., a leading digital media company. Rettig is on the Board of Arcadia, a climate crisis-fighting tech company, and holds a B.S. from St. Mary’s College.

“John has incredible experience leading a company through exponential growth,” said Vestwell founder and CEO Aaron Schumm. “We’re delighted to welcome John to the team as an innovator who shares Vestwell’s vision and commitment to serving small and medium-sized companies. Adding John’s extensive operational, strategic, and analytical experience to our Board of Directors is a key element in our strategy to scale our businesses.”

Vestwell continues to rapidly serve more individuals and businesses across the country. The firm was recently named one of Inc.’s Fastest Growing Companies in America for the second year in a row. As part of this growth, Vestwell hired Goldman Sachs alum, Danya Dumbrill Early, as its Chief Strategy Officer and welcomed Silver Lake Waterman as a strategic investment partner. Vestwell also established several leading industry partnerships in 2023, including a partnership with J.P. Morgan to help power Everyday 401(k), Chase’s small business 401(k) workplace savings platform.

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About Vestwell

Vestwell is the modern fintech engine powering savings programs for businesses and individual savers across the country. We’re helping to close the savings gap by offering a flexible, cost-effective, modern solution to save for the critical aspects of life - retirement, education, and healthcare. Vestwell currently powers nearly 30,000 small businesses, over a million savers, and $27 billion in assets in all 50 states. To learn more visit vestwell.com.

Media Contact: Nicole Wood at nicole.wood@vestwell.com