Vestmark Names Michael Blundin as Chief Executive Officer

Vestmark, a leading provider of portfolio management tools and trading software, announced yesterday that it has named company veteran Michael Blundin as Chief Executive Officer.

In his new role, Mr. Blundin will accelerate Vestmark's mission to bring personalized investment solutions to retail investors, equipping wealth management firms to address individual preferences and help to improve financial outcomes for investors across the wealth spectrum. 

Mr. Blundin joined Vestmark in 2004 and has served in multiple executive roles, including CTO, EVP of Client Delivery, SVP of Relationship Management and General Manager of Managed Services. In his 17 years at the company, he has played a key role in shaping Vestmark's strategy, forging deep client relationships and leading teams responsible for relationship management, software engineering, product management, quality assurance, implementation and consulting services. Prior to joining Vestmark, Mr. Blundin served in executive roles at Savantis Systems, Vignette Corporation and Cirrus Recognition Systems, a company he co-founded.

"Mike brings the winning combination of deep client relationships, strategic thinking, flawless execution and openness to new ideas that will serve Vestmark well as he leads the company through this planned transition and into the next chapter of our growth," said John Lunny, Vice Chairman of Vestmark. "As Vestmark celebrates its 20th anniversary and our many years of innovation and accomplishments, there is no more qualified executive to whom I could pass the torch. Mike's focus on client satisfaction is an all-around win for the firm, our colleagues, and most importantly, our clients. As Vice Chairman of the Board, I look forward to supporting Mike and the team as they take the company to even greater heights."