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Envestnet Appoints Robert Coppola as Chief Technology Officer

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Envestnet, Inc. (NYSE: ENV) has appointed Robert Coppola as its new Chief Technology Officer, succeeding Scott Grinis, who will retire in 2021 after 20 years in the role. Coppola, previously CIO at Cision, has extensive experience in technology strategy at S&P Global. His appointment aims to enhance the evolution of Envestnet's FinTech platform and improve user experience across various applications. The company continues its mission to empower over 105,000 advisors with innovative financial wellness solutions.

Positive
  • Coppola brings significant experience from Cision and S&P Global, likely enhancing technology strategy.
  • His leadership may strengthen Envestnet's FinTech platform, improving financial outcomes for clients.
Negative
  • Transitioning leadership may create continuity concerns without Scott Grinis's long-term expertise.

CHICAGO, Nov. 11, 2020 /PRNewswire/ -- Envestnet, Inc. (NYSE: ENV) announces that Robert Coppola has joined the organization as Chief Technology Officer. Mr. Coppola reports to President Stuart DePina, and will succeed Scott Grinis, who has served as Envestnet's Chief Technology Officer for the past 20 years and will retire in 2021.

"Bob has an impressive track record of developing and managing technologies and large engineering teams, which makes it possible for cloud-based organizations to grow at scale, while simultaneously resolving pain points for clients," said Stuart DePina, President of Envestnet. "His experience will drive the ongoing evolution of our leading FinTech platform, providing our clients with a wide range of technologies, exchanges, and data-driven insights to improve financial outcomes for consumers."  

Mr. Coppola most recently served as Chief Information Officer of Cision, where he helped transform the company into a provider of tech-driven solutions. Prior to joining Cision, he was Chief Information Officer and Chief Technology Officer of S&P Capital IQ and S&P Dow Jones Indices at S&P Global (formerly McGraw Hill Financial), with responsibility for overarching technology strategy, architecture, and development in addition to execution and operations.

"The consistent, intuitive user experience throughout the various applications in Envestnet's unified advice platform is key for helping advisors strengthen the essential advice they provide to clients as they grow," said Robert Coppola, Chief Technology Officer of Envestnet. "We will continue to find ways to optimize how advisors can benefit from Envestnet's expanding suite of financial wellness solutions."

About Envestnet

Envestnet, Inc. (NYSE: ENV) is transforming the way financial advice and wellness are delivered. Our mission is to empower advisors and financial service providers with innovative technology, solutions, and intelligence to make financial wellness a reality for everyone. Over 105,000 advisors across more than 5,100 companies—including 17 of the 20 largest U.S. banks, 47 of the 50 largest wealth management and brokerage firms, over 500 of the largest RIAs, and hundreds of FinTech companies—leverage the Envestnet platform to grow their businesses and client relationships.

For more information on Envestnet, please visit www.envestnet.com, subscribe to our blog, and follow us on Twitter (@ENVintel) and LinkedIn.

Media Contact:

Dana Taormina
JConnelly for Envestnet
973.647.4626
envestnetpr@jconnelly.com 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/envestnet-appoints-robert-coppola-as-chief-technology-officer-301170728.html

SOURCE Envestnet, Inc.

FAQ

Who is Robert Coppola in relation to Envestnet?

Robert Coppola is the newly appointed Chief Technology Officer of Envestnet.

What was Scott Grinis's role at Envestnet?

Scott Grinis served as Chief Technology Officer for 20 years before announcing his retirement in 2021.

When did Robert Coppola start at Envestnet?

Robert Coppola's appointment was announced on November 11, 2020.

What is Envestnet's primary business focus?

Envestnet focuses on providing innovative technology and solutions to empower financial advisors and improve client financial wellness.

How many advisors use the Envestnet platform?

Over 105,000 advisors across more than 5,100 companies use the Envestnet platform.

ENVESTNET, INC.

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