Edelman Financial (EF) Says Ric Edelman Becomes Sole CEO; Ball Remains Chairman

May 25, 2012 6:17 AM EDT
The Edelman Financial Group Inc. (Nasdaq: EF) announced that Ric Edelman will assume the role of Chief Executive Officer. For the past year, both Mr. Edelman and George L. Ball had served as Co-Chief Executive Officers of the Company. Mr. Ball will continue in his position as Chairman.

"As announced a year ago, our plan has been for Ric to become the sole CEO at this time," said Mr. Ball. "He will continue to do a superb job of leading the company and I look forward to working actively with him as Chairman."

Mr. Edelman commented, "I am honored to become Chief Executive Officer of The Edelman Financial Group. Our goals remain unchanged, and I am excited about the future."


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