Newport Taps Sain as Retirement SVP

According to a news release, Sain will oversee the firm’s qualified retirement plan business, which includes defined contribution and defined benefit plans. The company said Sain’s responsibilities will include oversight of client/distribution development, led by Chief Marketing Officer Tom Pittman; client services, led by Vice President Debbie Pritchard; and operations, led by Vice President Mark Turaniczo.

Sain has 29 years of experience in the employee benefits industry, including as president and CEO of Northern Trust Retirement Consulting and director of sales for The Retirement Group at Merrill Lynch.

Most recently, Sain was the president of Sain Management Solutions, Inc., consulting with the employee benefits industry on business strategy, organizational design, acquisitions, sales, training, and relationship management.

Sain earned his bachelor’s degree in finance from Miami University in Oxford, Ohio, and his MBA in finance from DePaul University.