NEFE Names New Leader

CEO Anthes Retires As Beck Steps In

Date: August 1, 2005

Contact: Paul Golden 303-224-3514, [email protected]

ENGLEWOOD, COLORADO—The National Endowment for Financial Education® (NEFE®) has announced the appointment of Theodore (Ted) Beck, MBA, to the position of president and chief executive officer. Beck will join NEFE effective on October 1, 2005. He replaces William L. Anthes, Ph.D., who is retiring in September after 26 years spent leading the National Endowment and its predecessor, the College for Financial Planning®.

Beck brings to NEFE an impressive breadth and depth of experience in business, financial services and education. Prior to his appointment, he was Associate Dean of Executive Education and Corporate Relations at the University of Wisconsin (UW)-Madison School of Business. At the same time, he served as president of the Center for Advanced Studies in Business, Inc., a nonprofit organization designed to support the activities of the Business School, and also managed the operations of the Fluno Center for Executive Education.

G. Joseph Votava, Jr., a partner at the national law firm Nixon Peabody, chaired the NEFE Board of Trustees Search Committee, and said, “Given NEFE’s mission to help Americans obtain information and gain the skills they need to manage their personal finances, Ted Beck is an outstanding choice to lead the organization. It’s a vitally important job – too many people in this country lack even a basic understanding of financial matters and have little access to the information they need. Ted’s combination of background in education, the not-for-profit sector and banking make him particularly well-suited to this important task.”

Beck expresses great enthusiasm for his appointment and NEFE’s mission. He said, “I continually see the impact that education has on the life of an individual. I view financial education as having the ability to impact not only on individuals, but on generations of families and on society as a whole. I feel both honored and privileged at having been chosen to carry on the excellent work initiated by my predecessor, Dr. Bill Anthes at the National Endowment for Financial Education.”

Before joining UW-Madison in 1999, Beck spent over 20 years in senior management positions with Citibank/Citigroup. From 1995 to 1999, he was a managing irector and market manager in New York, where he oversaw banking groups covering three major client areas: the U.S. healthcare industry; international companies operating in the U.S.; and corporate clients in the northeastern U.S. He has held previous assignments in San Francisco, Cleveland, Minneapolis, Chicago and Zurich.

Beck is an alumnus of the UW-Madison School of Business, where he earned his master’s degree in International Business in 1976. He graduated from Notre Dame in 1975 with a degree in Business Administration. He currently is chairman of the Advisory Board of Directors of Gammex, Inc., and also sits on the boards of Keylab, the Madison Committee on Foreign Relations, Inc., the International Consortium for Executive Education, the Graduate School of Banking and the Wisconsin Public Utility Institute. 

In addition, Beck is a member of the Board of Trustees of Edgewood campus schools. He previously served on the boards of Citicorp Securities, Wisconsin Business Alumni and the Cleveland Playhouse.

Beck and his family will relocate from their home in Madison to the Denver area between now and the end of September.



  • Paul Golden

    Media Relations Director

    Direct: 303-224-3514
    Cell: 303-918-3620
    [email protected]