Press Release

NADART Announces Its New Vice President

 

McLEAN, Va. (July 10, 2009) – NADA Retirement Administrators, Inc. (NADART) has named Betsy Piper/Bach as its new vice president. She replaces Philip Holland, who retired in June after 33 years of service with the company.

Piper/Bach is familiar with NADART. Previously, she was president of Cardinal Trust and Investment Services at Cardinal Bank, which is NADART’s trustee. In that capacity, she worked closely with NADART’s board of directors and was involved with many of its day-to-day operations.

“With 28 years of investment and trust management experience and working directly with NADART, we anticipate that Betsy will make a seamless transition,” said Buzz Braley, NADART chairman and owner of Braley and Graham Pontiac-Buick-GMC in Portland, Ore.

Prior to her position at Cardinal Bank, Piper/Bach served as chief trust officer of FBR National Trust Company for five years.

As a subsidiary of the National Automobile Dealers Association, NADART—based in McLean, Va.—has managed and administered 401(k), pension and profit-sharing plans since 1957. It offers retirement plans to companies in all industries, as well as NADA members.

NADART provides businesses and their employees with an efficient means of accumulating capital for retirement. NADART presently maintains more than $2 billion in assets for close to 100,000 participants nationwide. More information about NADART can be found at www.nadart.org/retirement, by calling (800) 462-3278, ext. 7254 or nadart401k@nada.org.

Contact:  

Deborah Stevens, QKA
Director of Training and Communications
NADART
(703) 827-6861
(703) 402-6609 - mobile