Deals & People

The Department of Labor has selected Mary Ellen Signorille to serve on the Advisory Council on Employee Welfare and Pension Benefit Plans, also known as the ERISA Advisory...

The MassMutual Retirement Services Division has added Carl Steinhilber and Roderick Toppin to support its nonprofit retirement plan market.  

Forward Management has appointed Jason Clarke as a Vice President of Sales and Eileen McCarthy as a Senior Product Marketing Manager.

Commonfund, an investment manager for institutional investors, has selected Lou Ann Dolan as Managing Director, Group Head of Consultant Relations.

Mirae Asset Global Investments (USA) has named Joon Kwun as President and CEO. 

A reorganization of Bank of America’s management team by Chief Executive Officer Brian Moynihan has meant the end of Sallie Krawcheck’s tenure at the firm.

BlackRock, Inc. announced Mark Taborsky will join the company as a Managing Director and Senior Portfolio Manager within its Multi-Asset Client Solutions (BMACS) group.

Russell Investments has appointed Jeff Eng to the newly created position of Director, Retirement Income, for the firm’s Americas Institutional business.

Elizabeth Krentzman, former Investment Company Institute general counsel, has been appointed to lead Deloitte's U.S. mutual fund practice.

Lincoln Financial Distributors (LFD), the wholesale distribution subsidiary of Lincoln Financial Group, named Tom Tooley as Head of Insurance Solutions Distribution.

Schroders appointed David Jodka, CIMA, as National Sales Manager, US Intermediary Distribution.

Natixis Global Asset Management (NGAM) has acquired a controlling interest in Darius Capital Partners.

Morningstar, Inc. named William Harding, CFA, as Head of Manager Research for the Morningstar Investment Management division.

BNY Mellon announced Gerald L. Hassell, currently its president, has been appointed Chairman and Chief Executive Officer for the company, effective immediately. 

Acadian Asset Management Singapore announced Ho Yew Weng has joined the firm as Director of Institutional Sales, Asia-ex Japan.

Bank of America has hired nearly 40 Merrill Edge Financial Solutions Advisors (FSAs) in the Mid-Atlantic region, including Washington, D.C., Baltimore, and Philadelphia.

J.P. Morgan Asset Management (JPMAM) has selected James Gearin as Chief Operating Officer of its Retirement Plan Services (RPS) business.   

Karen Olsen, Jason Timko, and Anna Toy are Ascensus’ newest Regional Vice Presidents for its Florida, New York Metro and Pacific Northwest territories, respectively. 

UBS, the largest Swiss bank, announced plans this week to cut about 3,500 jobs, or 5.3% of its workforce. 

As part of the expansion of its Americas platform, Natixis has announced senior appointments in its Fixed Income, Commodities & Treasury (FICT) Americas team.