Combining faith and finance Skills developed over 25 years in banking help Ken Hochstetler lead Everence photo courtesy of Everence
Goshen, IND — Ken Hochstetler’s office at Everence’s corporate headquarters isn’t adorned with the trophies, diplomas and awards you might expect in the workspace of a man who heads a $3 billion company. The only framed mementos that reflect his journey are a print he received after serving nine years on MEDA’s board, and a smaller certificate that dates back four-and-ahalf decades. His outstanding paper carrier award from the Goshen newspaper in the early 1970s, near the doorway of his office, is one recognition he recalls fondly. “You never quite know what experiences shape you, but I always had that on the wall Ken Hochstetler of my offices,” he says when asked. When Hochstetler returned to in sixth grade about his paper route Goshen four years ago after living and being organized. in Pennsylvania for almost three Hochstetler is quick to credit a decades, he encountered his sixthvariety of teachers and mentors for grade teacher on the street. Wonder“any sense of accomplishment I may ing if the man would remember him, have and where I am today in life. “For me, it’s instrumental to Hostetler was surprised to hear the remember where I came from, and man describe a report he had given The Marketplace November December 2018
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experiences a long way back.” He met his wife Sue, a Pennsylvania native, at Goshen College. “The biggest thing I learned in a couple years was — I’ve got some more things to learn.” After completing a Master of Business Administration degree at Lehigh University in Bethlehem, PA., he expected to return to Indiana within a few years. “Twenty-nine years later, we were still living in Pennsylvania.” Hochstetler’s career in financial services included five years of commercial lending, then a 24-year career with Univest, rising to president of wealth management, a division that has over $3 billion in assets under management. A career in banking, investments, insurance and financial planning gave him a solid grounding in Everence’s business areas by the time they approached him to consider leading the organization. The aims of publicly held Univest were for profit. “Now I get to work in a space that is not for profit — faith-
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