Great-West Appoints Two Sales Directors for New 401(k) Business

October 7, 2008 ( - Great-West Retirement Services has appointed two regional sales directors to focus on development of new corporate 401(k) plan business.

According to a press release, the new sales directors are Andy Hermann, who will focus on Los Angeles, Riverside, and San Bernardino counties in Southern California, and Edmund Fuentes, who is responsible for central and west Texas.

Hermann joins Great-West Retirement Services with 401(k) wholesaling experience from ADP and CIGNA, and experience as a broker at Northwestern Mutual. Prior to joining Great-West Retirement Services, Fuentes was a regional 401(k) sales director at Lincoln Financial Group in central and southern Texas, the announcement said.

Great-West Retirement Services provides 401(k), 401(a), 403(b), and 457 retirement plan services to 20,000 plans representing 3.9 million participants and more than $116 billion in assets as of June 30, 2008.