E. Michael Caulfield, 58, will join the firm as chief operating officer, a newly created position, and will have responsibility for compliance, finance, human resources, information technology, and legal functions. Caulfield has more than 30 years experience in financial services. According to the news release, he served as Chief Executive Officer of Prudential Investments and most recently served as a member of the Board of Directors of Unumprovident Corporation.
Jeffrey Miller, 45, will join in a newly created role as president of Mercer HR Services, which provides HR business process outsourcing, according to the news release. Mercer HR currently serves around 230 Fortune 1000 clients covering 3 million employees, according to the announcement. It is expanding its outsourcing services in Europe, Latin America and Asia-Pacific. The announcement notes that Miller has more than 20 years experience building global businesses as both an entrepreneur and as a senior member of Putnam Investments’ management team.
Patricia Milligan, 51, will join the firm as global market development leader focusing on marketing, sales, and client services. According to the news release, Milligan has been Managing Director of the Human Resources and Investor Solutions Sector of Mellon Financial Corporation since 2002 and was previously the Managing Director for strategic planning, sales and marketing, and product development at Towers Perrin and a consultant at Hewitt Associates.