Craig Foster to Succeed Retiring CFO Ray Sims
SUNNYVALE, Calif.--(BUSINESS WIRE)--Aug. 10, 2017--
Financial Engines (NASDAQ:FNGN), the largest independent investment
advisor in America1, today announced that Craig Foster, an
executive with nearly two decades of experience supporting high-growth
companies, will join the Financial Engines team as chief financial
officer in September 2017, succeeding Ray Sims, who previously announced
his intent to retire. In this role, Mr. Foster will oversee the
Company’s finance organization and be a member of the Company’s
executive management team, reporting to President and Chief Executive
Officer, Larry Raffone.
“We are thrilled to welcome Craig to the Financial Engines team,” said
Larry Raffone, president and chief executive officer. “Craig brings with
him outstanding experience in corporate finance and operations in
Silicon Valley growth companies. Financial Engines will benefit from his
strong financial leadership and banking background as we execute on our
Mr. Foster previously served as chief financial officer at both Amobee
from April 2015 to May 2017 and Ubiquiti Networks (NASDAQ: UBNT) from
February 2013 to April 2015 where his responsibilities included leading
the finance, IR, FP&A and legal functions. Previously, Mr. Foster served
as a director in the investment banking group focused on technology
infrastructure and software at Credit Suisse from June 2012 to February
2013. From August 2007 to June 2012, he worked at UBS Securities as an
executive director in the technology group. Prior to banking, Mr.
Foster held various management positions at RBC Capital Markets,
LoudCloud, Deloitte Consulting, and PricewaterhouseCoopers.
Mr. Foster holds an M.B.A. in Finance from the Wharton School of
Business and a B.A. in Economics from the University of California, San
About Financial Engines
Financial Engines is America’s largest independent investment advisor1.
We help people achieve greater financial clarity by providing
comprehensive financial planning and professional investment management
and advice. Headquartered in Sunnyvale, CA, Financial Engines was
co-founded in 1996 by Nobel Prize-winning economist William F. Sharpe.
We currently offer financial help to more than 9.5 million people across
over 725 companies (including 150 of the Fortune 500). Our unique
approach, combined with powerful online services, dedicated advisors and
personal attention, promotes greater financial wellness and helps more
Americans to meet their financial goals.
For more information, please visit www.financialengines.com.
©1998-2017 Financial Engines, Inc. All rights reserved. Financial
Engines® is a registered trademark of Financial Engines, Inc. All
advisory services provided by Financial Engines Advisors
L.L.C. Financial Engines does not guarantee future results.
1 For independence methodology and ranking, see
InvestmentNews RIA Data Center. (http://data.investmentnews.com/ria/).
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Source: Financial Engines