E. Blake Moore Jr., CEO of Touchstone Investments, will retire in the middle of 2025, said a March 21 news release.
Upon Moore’s retirement, Touchstone’s current president Benjamin Alge will succeed him as the firm’s top executive. However, Alge will not be named CEO, but will rather retain his title as president, a spokesperson for the firm said.
Alge was named president in July 2024, succeeding Moore in that role. The spokesperson explained that historically Touchstone’s top executive always held the president title. The CEO title was only introduced when Moore joined the firm in 2020, given his extensive experience leading various financial services firms.
Alge has been working alongside Moore for the past year to ensure a smooth transition, the release noted.
Alge initially joined Touchstone in 2013.
During Moore’s five-year tenure, Touchstone’s assets under management has grown to almost $30 billion from $17.4 billion. The firm also entered the ETF market, by launching 10 actively managed ETFs.
Prior to his asset management career, Moore played in the National Football League as an offensive lineman in the early 1980s — four seasons with the Cincinnati Bengals (including a trip to the Super Bowl in 1982) and two more years with the Green Bay Packers before retiring in 1985.
“The discipline and rigor required to compete in the high-pressure NFL helped shape my career and leadership style long after football,” he told P&I in an April 2024 interview.
