Callan Associates announced Greg Ungerman will be assuming the role of lead of its Defined Contribution (DC) team.
Ungerman has been with the firm for close to 20 years, has been co-head of the San Francisco Fund Sponsor Consulting team, worked closely with the DC team and clients, and advised Callan’s fund sponsor and DC clients for more than a decade. He has been on Callan’s DC Committee since its inception in 2006.
Greg DeForrest will assume sole leadership of Callan’s San Francisco Fund Sponsor Consulting office moving forward. DeForrest is a senior vice president and had been the team’s co-manager alongside Ungerman.
The announcement comes after the move of Lori Lucas, EVP and DC team lead, to president and CEO of the Employee Benefit Research Institute (EBRI). In a statement, Callan said, “We are honored Lori has been chosen from among Callan’s ranks for this influential role that helps guide national policy for the entire retirement industry. We believe our clients and the broader investment community will benefit from Lori’s leadership in this position.
“Callan is thankful for the many years she spent building a strong, tenured team of DC subject matter experts, offering results of our research to our more than 40 fund sponsor consultants and their clients, and we are excited for her participation in this industry-elevating role. We are grateful for the dedication with which she carried out her responsibilities to clients.”