DRESHER, PA — Ascensus announced a leadership transition that will take effect on January 1, 2026, as David Musto, the company’s current Chair and Chief Executive Officer, moves into the role of Executive Chairman. Nick Good, who currently serves as President, will succeed Musto as Chief Executive Officer.
The planned transition marks a deliberate succession process developed by Musto and the Ascensus Board to ensure stability and long-term strategic continuity.
“I am honored to serve as Ascensus’ next CEO and lead this outstanding team,” said Good. “Our differentiated technology platform, service excellence, and depth of talent position us for accelerated growth and increased market impact in this next chapter.”
Since joining Ascensus in 2023, Good has played a central role in advancing the company’s transformation into a more client-focused and experience-driven organization. His efforts have included refining go-to-market strategies, improving client and product experiences, and fostering a culture centered on innovation and empowerment.
Reflecting on his tenure, Musto said it has been “a privilege to serve Ascensus and our clients, partners, and associates during this period of dynamic growth and transformation.” In his new capacity as Executive Chairman, Musto will continue to provide strategic guidance to Good and the company’s leadership team while maintaining oversight of key corporate and business development initiatives, as well as Ascensus’ industry and government relations.
Good expressed appreciation for Musto’s leadership, adding that he looks forward to continuing Ascensus’ mission of supporting savers and expanding the company’s role in the financial services industry through technology innovation and client-focused growth.
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