Lisa Woll is stepping down as CEO of US SIF, the organization said Wednesday in a news release.
The non-profit hub for the sustainable and impact investment sector in the U.S. represents members with a collective $5 trillion in assets under management or advisement.
Ms. Woll has led US SIF: The Forum for Sustainable and Responsible Investment for 16 years. She will stay on as an adviser through April 2023 while her successor is brought on.
US SIF's board retained executive recruitment specialist Korn Ferry for the search for her replacement.
"The board is seeking a candidate who will further grow the impact and reach of the organization by continuing to effectively serve US SIF members, advance the field and promote industry best practices," board Chairman Diederik Timmer said in the release.
Mr. Timmer called Ms. Woll "a transformational leader and a fierce advocate" who "has been central to all we have achieved, taking us through a period of incredible growth and change."
The Korn Ferry search will be led by Kate Shattuck, senior client partner, global financial services and co-leader, impact investing, and Becky Graham, principal and association practice leader. Details of the search and the candidate profile will be ready in the next several weeks, Ms. Shattuck said in the release.
Ms. Woll praised US SIF members, many of whom she said were pioneers, for "their commitment to advancing critical social, environmental and governance priorities through their investments." She is "ready for her next adventure," but considered herself lucky for "the opportunity to lead a field that has undergone numerous and fascinating shifts."
