March 27, 2012
Former International Foundation CEO John Altobelli
John A. Altobelli, former chief executive officer of the International Foundation of Employee Benefit Plans, passed away on March 21, 2012 at the age of 73.
In 1988, Mr. Altobelli was chosen to lead the International Foundation—In his 15 years as CEO, he oversaw the Foundation’s expansion into new technologies and educational offerings. During that time, the Foundation grew from a $9 million organization to a $24 million. The number of educational programs offered each year expanded from 35 to 110.
A few of the milestones under his tenure include:
Establishment of an endowed chair at the Wharton School of the University of Pennsylvania (1993)
Development of the educational outreach programs with the Department of Labor (1995)
Introduction of the Foundation’s first website (1995)
Launching of the Certificate Series and Certificate of Achievement in Public Plan Policy (CAPPP™) program (1998)
Awarding of a contract to the International Foundation to provide logistical and programmatic assistance to the National Summit on Retirement Savings by the Department of Labor (2002).
Prior to working with the Foundation, he was vice president of personnel and labor relations with Dominick’s Finer Foods in Chicago. He served as a management trustee for three Taft-Hartley benefit funds associated with the United Food and Commercial Workers Union. Earlier in his professional career, he was a teacher and counselor in the Chicago public schools and taught at Thornton College.
Mr. Altobelli was a graduate of Roosevelt University, beginning as a music major and switching to a history major. He was a Civil War buff, and often toyed with the idea of getting a doctorate in history.
He is survived by his wife Evelyn; their four children: Beth Altobelli and Johnny Altobelli, both of whom work at the Foundation, Kristi (Jeff) Story and Pete (Mary) Altobelli; and brother Louis (Louise) Altobelli. He had eight grandchildren and many other extended family members.
The International Foundation of Employee Benefit Plans is a nonprofit organization, dedicated to being a leading objective and independent global source of employee benefits, compensation and financial literacy education and information. Total membership includes more than 35,000 individuals representing over 8,300 trust funds, corporations, public employee groups and professional advisory firms in the United States and Canada. For additional information, visit www.ifebp.org.