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Executive officers

Phil Sanders

Mr. Philip J. Sanders, CFA

CHIEF EXECUTIVE OFFICER

Phil Sanders is Chief Executive Officer of Waddell & Reed Financial, Inc. He is also a member of our Board of Directors. As CEO, Mr. Sanders oversees all aspects of the company that, through its subsidiaries, provides proven, professional investment management and financial planning services to individuals and institutional investors. He also serves as President of the company’s asset manager, Ivy Investment Management Company, and served as Chief Investment Officer from February 2011 to June 2019.

Mr. Sanders has 30 years of experience in the asset management industry and joined the company in 1998 as a portfolio manager. Across his career, he also has held positions as an analyst and as portfolio manager, focusing primarily on the large cap growth category, where for nearly 20 years he managed a range of retail mutual funds and institutional accounts.

Prior to joining the company, Mr. Sanders was affiliated with Banc of America Capital Management, the investment management division of Bank of America. He received his BA in Economics from the University of Michigan and earned a MBA from the University of North Carolina at Charlotte. Mr. Sanders is a CFA® charterholder and is a member of the CFA Institute and the CFA Society Kansas City.

 
Brent Bloss

Mr. Brent K. Bloss

Executive Vice President and Chief Operating Officer

Brent Bloss is Executive Vice President and Chief Operating Officer of Waddell & Reed Financial, Inc. As COO, he leads multiple divisions, including the Broker-Dealer business, Transfer Agency, Information Technology, Procurement, Facilities, Human Resources, Investment Management Operations and Marketing.

Mr. Bloss was appointed COO in November 2017 and was Senior Vice President and Chief Financial Officer from February 2014 to February 2018. Mr. Bloss joined the company as Assistant Vice President and Assistant Treasurer in 2002 and held several finance positions prior to his appointment as CFO, including Principal Accounting Officer and Treasurer.

Prior to joining the company, Mr. Bloss was affiliated with the international accounting firm KPMG LLP, where he held the position of Senior Audit Manager, specializing in both financial service and transportation companies.

Mr. Bloss received his BS in Accounting from Missouri State University. He earned a MBA with a concentration in Finance from the University of Missouri-Kansas City. Mr. Bloss holds a CPA designation and is a member of the American Institute of Certified Public Accountants. He also holds a FINRA Series 27 Financial and Operations Principal license.

 
Mark Buyle

Mr. Mark P. Buyle

SENIOR VICE PRESIDENT, GENERAL COUNSEL, CHIEF LEGAL OFFICER AND SECRETARY

Mark Buyle is Senior Vice President, General Counsel, Chief Legal Officer and Secretary of Waddell & Reed Financial, Inc. where he leads the Legal, Investment Management Compliance, Broker-Dealer Compliance, Transfer Agent Compliance and Internal Audit departments.

Mr. Buyle joined the company in 1995 as senior attorney and, over the years, has provided legal guidance to nearly every area of the company. Mr. Buyle’s range of work has included involvement or oversight of legal work within multiple areas, including compliance, regulatory, corporate and litigation. He most recently served as Interim General Counsel, a role he assumed in April 2018. Prior to that, he was Deputy General Counsel.

Before joining the company, Mr. Buyle was a corporate attorney with the Kansas City law firm Polsinelli. He has a Bachelor’s degree in Business Administration from Kansas State University and a Juris Doctor degree from the University of Kansas School of Law.

 

Mr. Benjamin R. Clouse

SENIOR VICE PRESIDENT AND CHIEF FINANCIAL OFFICER

Ben Clouse is Senior Vice President and Chief Financial Officer of Waddell & Reed Financial, Inc. As CFO, he oversees Accounting, Data Analytics, Financial Planning and Analysis, Investor Relations, Mutual Fund Accounting, Procurement, Strategic Acquisitions, Tax, and Treasury.

Mr. Clouse has served as Chief Financial Officer since February 2018 and was Treasurer from December 2018 to July 2019. Mr. Clouse joined the company in October 2015 as Vice President, Finance and was Chief Accounting Officer prior to his appointment as CFO.

Prior to joining the company, Mr. Clouse served as Chief Financial Officer of Executive AirShare Corporation from 2012 to 2015. From 2006 to 2012 and from 2002 to 2005, he served in various roles with H&R Block, Inc., including Assistant Vice President - Audit Services and Assistant Vice President and Controller - Tax Services. From 2005 to 2006, Mr. Clouse served as Vice President - Finance and Corporate Controller of Gold Bank Corporation, Inc. Prior to 2002, he served in various roles in the audit practice of Deloitte, specializing in the financial services industry.

Mr. Clouse received his BS in Business Administration and earned a Master of Accountancy, both from Kansas State University. He holds a CPA designation and a FINRA Series 27 Financial and Operations Principal license.

 
Dan Hanson

Mr. Daniel P. Hanson, CFA

SENIOR VICE PRESIDENT, CHIEF INVESTMENT OFFICER

Dan Hanson is Senior Vice President and Chief Investment Officer of Waddell & Reed Financial, Inc. and the company’s asset manager, Ivy Investment Management Company. He is responsible for leading the company’s investment management division.

Mr. Hanson joined the company in June 2019 and has more than 25 years of investment and leadership experience. Prior to joining the company, he served as Portfolio Manager and Managing Director, Office of the CIO with BlackRock from 2003 to 2013, as Partner, Head of U.S. Equities and Co-Chair of the Investment Strategy Committee for Jarislowsky Fraser Global Investment Management from 2013 to 2018 and most recently as Head of Impact Investing for JANA Partners LLC.

Mr. Hanson earned his Bachelor’s degree in Economics and French from Middlebury College, and earned a MBA, Accounting and Analytic Finance, from The University of Chicago. He is a CFA® charterholder and is a member of the CFA Institute.

 

Mr. Shawn M. Mihal

SENIOR VICE PRESIDENT – WEALTH MANAGEMENT

Shawn Mihal is Senior Vice President – Wealth Management of Waddell & Reed Financial, Inc. and President of Waddell & Reed, Inc. (WRI) where he oversees Wealth Management Markets, Sales & Advisor Acquisitions, Operations, Product & Planning, Administration and Supervision.

Mr. Mihal joined the company in 2015 as Senior Vice President, Chief Compliance Officer and Chief Regulatory Officer of WRI and Ivy Distributors, Inc. He was promoted to Chief Operating Officer of WRI in August 2017 and President of WRI in November 2017. Prior to joining the company, he served as Vice President and Chief Compliance Officer for Transamerica Financial Advisors, Inc. in St. Petersburg, Florida from September 2010 to March 2015 and as Chief Compliance Officer for Great American Advisors, Inc. in Cincinnati, Ohio from October 2004 to August 2010.

Mr. Mihal earned his Bachelor's degree in Business Economics from the University of Cincinnati. He holds FINRA Series 7 and 24 securities registrations and a NASAA Series 66 investment advisor registration.

 

Mr. Christopher W. Rackers

SENIOR VICE PRESIDENT AND CHIEF ADMINISTRATIVE OFFICER

Christopher Rackers is Senior Vice President and Chief Administrative Officer of Waddell & Reed Financial, Inc. As CAO, he oversees Communications, Corporate Real Estate, Corporate Strategic Initiatives, the Enterprise Project Management Organization, Human Resources, Marketing and Philanthropy.

Mr. Rackers joined the company in January 2017 and has approximately 25 years of business leadership experience. He has directly led multiple HR transformations and has served in leadership roles at both public and private corporations. His prior experience includes Senior Vice President, Human Resources at Aramark, Vice President, Human Resources at H&R Block, Vice President, Global Human Resources at WIS International and Vice President, Global Human Resources at Payless ShoeSource.

Mr. Rackers received his BS in Marketing from Missouri State University and his MBA from Texas Christian University.

 

Ms. Amy J. Scupham

SENIOR VICE PRESIDENT – DISTRIBUTION

Amy Scupham is Senior Vice President – Distribution of Waddell & Reed Financial, Inc. and President of Ivy Distributors, Inc. (IDI), the distributor of Ivy Funds and the financial products and services offered by its affiliates, including Ivy Investment Management Company, the company’s asset manager. In this role, she leads wholesale and institutional distribution, sales and product development, as well as managing strategic relationships.

Ms. Scupham joined the company in 2008 and has held roles in institutional sales and consultant relations, most recently serving as Chief Operating Officer of IDI. She had a key role in building alignment with the firm’s investment management division, while creating a centralized sales operations function focused on prescribed sales processes, training, reporting and systems.

Ms. Scupham graduated from the University of Nebraska at Kearney with a BS in Business Administration in Accounting/Finance. She is a CFA charterholder and a member of the CFA Institute and the CFA Society of Kansas City.

 
Phil S

Every day the world changes. We have high expectations of ourselves, and a responsibility to our investors, to continually understand those changes and interpret the implications.

Chief Executive Officer