Press Release

Ascensus Announces Key Hires in Government Savings Business

Issued by Ascensus

Apr. 19, 2022

Martha Slitt and David Johnson to Focus on Expanding Savings Solutions and Business Growth

Ascensus — whose technology and expertise help millions of people save for retirement, education, and healthcare — announced the appointments of Martha Slitt as Senior Vice President of Government Savings Business Development and David “DJ” Johnson as Head of Product for Government Savings. They will report directly to Peg Creonte, President of Ascensus Government Savings.

Slitt will focus on driving and supporting growth in the Government Savings business — collaborating with new partners, identifying and leading initiatives for growth within existing Ascensus plans, and managing the launch of new relationships with states, 529 program managers, and distribution partners.

Prior to joining Ascensus, Slitt held several executive roles at Fidelity Investments, most recently as head of the Global Asset Allocation Product group, which included the 529 and ABLE businesses. She also previously served as an equity investment director within the institutional asset management business. Prior to Fidelity, Stitt was a product manager supporting the fixed income and tax efficient equity businesses at Standish, Ayer & Wood, Inc. Martha earned her B.A. from Tufts University and is a CFA Charterholder.

In his new role, Johnson will establish the overall strategy and roadmap for the organization’s product offerings in the 529 and ABLE business lines. This includes defining target markets and overseeing all aspects of product life cycles, including conceptualization, specification, launch, adoption, and performance. In addition, he will work closely with line of business marketing to implement innovative strategies that support plan growth and participant savings success.

Johnson brings more than 20 years of experience in strategic product development and management, solution consulting, business development, enterprise-level project leadership, and talent management. He most recently served as head of Commercial & Data Solutions and senior vice president of Product with Fidelity Information Services, Inc. He previously held several leadership roles with then-SunTrust Banks, Inc. Johnson earned his M.B.A. from Emory University and a Bachelor of Science from the University of Florida.

“We’re delighted to welcome Martha and DJ to our leadership team and look forward to benefiting from their deep experience and judgment,” said Creonte. “It’s a clear sign of our market leadership and bright future that such strong talent is coming aboard at a pivotal time in our growth trajectory.”

About Ascensus

Ascensus helps millions of people save for what matters—retirement, education, and healthcare. Through co-branded, private-labeled, and other governmental partnerships, our technology, market insights, and business knowledge enhance the growth and success of our partners, their clients, and savers. Ascensus is a leading recordkeeping services provider, third-party administrator, and government savings facilitator in the United States. For more information, visit ascensus.com.

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