For Immediate Release
INDIANAPOLIS, IN [MAY 1, 2018] – Nyhart has announced the appointment of Lisa Hague as their first female CEO. She will assume responsibilities in August and succeed Thomas Totten. Totten has decided to retire as CEO and continue consulting with clients. He will also be the actuarial science director at The University of Notre Dame.
Hague began working at Nyhart in 2011 as the Chief Financial Officer. Nyhart expanded into a national firm during those seven years, acquiring three offices and starting three new offices. The company also doubled in size with 140 employee-owners.
“I am very excited about leading the next generation of Nyhart. Historically we have hired the very best talent and this is reflected in our results. As we continue our growth as well as expand in other areas there will be many opportunities for our diverse staff”, said Hague.
“Nyhart’s focus has been on creating new products such as our fintech start-up Votaire, which is a robo- advisor financial wellness platform. I look forward to leading other new ventures to expand Nyharts reach.”
Current CEO Thomas Totten celebrates the success Nyhart has experienced in the past decade and looks forward to Nyhart’s future. “We have four staff employees who have near a million dollars or more in their ESOP [Employee Stock Ownership Plan] accounts. This not only speaks to the quality of the staff, but also the wealth they were able to earn.“
“As we celebrate our 75th anniversary, I am happy to announce that we have been able to transition the position internally. I have worked closely with Lisa for the past seven years and cannot be more confident in her and the direction of the company,” said Totten.
Nyhart is an award-winning company founded in 1943. Nyhart offers nationwide consulting, actuarial and administration services with offices in Atlanta, Chicago, Denver, Houston, Kansas City, Indianapolis, New York, San Diego, and St. Louis. Nyhart is 100% employee owned, a unique factor that makes the success of Nyhart’s clients important to every one of its employee-owners.