White will report directly to Wirth, according to the announcement; Wirth will report to Bryant Kirk, Newport’s Chief Operating Officer.
In his newly-created position, Wirth will be responsible for the overall delivery of all executive benefit plan recordkeeping and administration services. He will lead Newport’s efforts in competitive differentiation and creating client value. White will be responsible for maintaining Newport’s level of plan sponsor and participant service, even as its executive benefits business continues to increase. He will also manage staff development and organizational alignment.
Wirth previously served as director, institutional and individual operations for TIAA-CREF, where he managed a multi-site operation that serviced more than 15,000 institutions, 3.5 million participants and $400 billion in assets. He was also vice president of retirement plan services for Hartford Financial Group, and a senior vice president, client services and operations for Prudential. He is a graduate of Rockford College in Rockford, Illinois, where he earned his bachelor’s degree in business administration.
White served as senior vice president for Fidelity Investments, where he spent nearly 20 years managing corporate retirement plans. He has experience with defined contribution, defined benefit and payroll services, and was responsible for client services, implementation, transaction processing, and consulting to some of Fidelity’s largest clients. He earned his bachelor’s degree in business administration with honors from the University of Massachusetts, Lowell. He also holds Series 65 securities registrations, and is a Certified Employee Benefits Specialists (CEBS).