Invesmart, the Pittsburgh-based retirement financial services firm, announced that Kent Buckles has been named CEO of the firm effective immediately. He replaces Craig Kirsh, who served as acting CEO for the past year.
Kirsh, who specializes in taking companies public, was named acting CEO after Jeb Britton, the firm's original CEO left. At the time, going public was a consideration for Invesmart, a spokesman for the firm said. Because that is no longer part of the company plan, Invesmart hired a permanent CEO and Kirsh left the firm to pursue other opportunities, the spokesperson said.
Buckles has worked in the retirement industry for more than 20 years. In 1988, he joined Johnson & Co., a benefits consulting and administration firm, where he led the company's operations and benefits consulting business until he was named CEO. In 1998 Johnson & Co. was acquired by Merrill Lynch, and Buckles remained as CEO.