Mercer Announces New Hires to Expanded DC Sales Group
NORWOOD, MA, May 7, 2009 -- Mercer announced today that it has hired six professionals to further strengthen the expanded distribution of its comprehensive defined contribution (DC) administration services to plan sponsors with 500 or more employees. This group of all new positions that report to Kerry Sain, North American Sales Leader for Mercer's outsourcing business, has more than 80 years of collective experience in serving the needs of financial advisors and their plan sponsor clients:
William Callaway, Sales Leader – Southeast, Great Lakes, and Midwest: Mr. Callaway joins Mercer from Wachovia Retirement Services, where he served as Vice President, Regional Sales Director. He is based in Nashville, Tennessee.
Derrick Capps, DC Business Strategist: Mr. Capps joins Mercer from Wachovia Retirement Services, where he served as Core Market Inside Sales Desk Manager and Consultant Relations Associate. He is based in Charlotte, North Carolina.
Martin Cole, Sales Leader -– Northeast: Mr. Cole joins Mercer from Wachovia Retirement Services, where he served as Vice President, Sales Manager, Core Market Team, North Region. He is based in Middletown, New Jersey.
Shannon Massey, DC Business Strategist: Ms. Massey joins Mercer from AllianceBernstein, where she served as a Client Service Officer. She is based in Norwood, Massachusetts.
Frank Tighe, Sales Leader -– West, Northwest, and Southwest: Mr. Tighe joins Mercer from Wachovia Retirement Services, where he served as Vice President, Regional Sales Director. He is based in Houston, Texas.
Additionally, Mercer is pleased to announce that Elizabeth Antin has joined Mercer as a Relationship Manager. Ms. Antin joins Mercer from ING America, where she was Vice President, Client Service Team Manager. Ms. Antin also has a strong understanding of the Mercer retirement administration outsourcing business, having served for eight years with Putnam Investments when it was an MMC sister-company. She is based in Norwood, Massachusetts and will report to Bill McDevitt, U.S. Leader, Relationship Management, for Mercer's outsourcing business.
"We are very proud and excited to welcome these talented individuals to Mercer. We know their market experience will play a critical role in the growth and success of our expanded distribution of our DC administration services," said Michael Sternklar, Chief Operating Officer for Mercer's outsourcing business. "We also see this as another example of how we continue to attract and add significant talent to our strong and growing business."
About Mercer
Mercer is a leading global provider of consulting, outsourcing, and investment services. Mercer works with clients to solve their most complex benefit and human capital issues, designing and helping manage health, retirement, and other benefits. It is a leader in benefits outsourcing. Mercer's investment services include investment consulting and multi-manager investment management. Mercer's 18,000 employees are based in more than 40 countries. The company is a wholly owned subsidiary of Marsh & McLennan Companies, Inc., which lists its stock (ticker symbol: MMC) on the New York, Chicago, and London stock exchanges.
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