Musto succeeds current CEO Pamela Popp , who has taken on a new role as Head of Retirement Strategic Initiatives, helping drive the asset management division’s overall retirement growth initiative. Both Musto and Popp report to Michael Falcon, Head of Retirement at J.P. Morgan Asset Management.
Musto was most recently Chief Operating Officer of J.P. Morgan Retirement Plan Services, with responsibility for day-to-day business oversight and analysis in support of RPS’s long-term growth and efficiency goals (see Musto Hands JPAM DCIS Reigns to Galateria). Prior to that, he was head of J.P. Morgan’s Defined Contributions Investment Solutions (DCIS) business. According to the announcement, his industry experience also includes leadership positions in the retirement and benefits businesses of Prudential Financial and CIGNA.Popp has been with J.P. Morgan for 14 years, and her prior experience includes roles with American Century Investments and Hewitt Associates.