Deals and People

Meanwhile, government employee unions and labor groups filed a lawsuit seeking to block Elon Musk’s efficiency organization from accessing DOL systems containing sensitive information.

CalSTRS names new chief benefits officer; Pacific Life appoints PRT head; John Hancock Retirement selects head of strategic partnerships; and more.

The veteran of TIAA and Prudential started in the new role in December.

Nationwide’s president and COO announces retirement; T. Rowe Price hires an institutional business development executive; Alera Group appoints a new director of retirement adviser services; and more.

The acting secretary will run the DOL while Trump’s nominee for secretary of labor, Lori Chavez-DeRemer, awaits confirmation.

NEPC names Contorno principal and head of DC vendor management; JPMorganChase announces new responsibilities for senior leaders; CG Financial Services Appoints Hiipakka as President and COO; and more.

Corebridge Financial welcomes Klane as general counsel; Cervantes joins Prime Capital Financial; Gallagher adds Helgens as retirement plan consultant.

Another retirement organization, the Institutional Retirement Income Council, named Groom Law’s Kreps as chair of its board.

Faustino expands role at Broadridge, adds O’Brien of Cerulli; Pension Investors adds new retirement plan consultant; adviser Banerjee joins SRP to lead Austin, L.A. teams; and more.

The career Department of Labor official, appointed to his most recent post in the Biden administration, will not be there for a second Trump term.

The Standard names PEP sales director for retirement plans; Lincoln Financial names an industry veteran as VP of investment distribution and new hires to its retirement plan services...

Borzi, Iwry, Kasiarz win EBRI’s lifetime achievement award; Franklin creates division, gives new roles to retirement leads; WTW promotes Loop to U.S. wealth head; and more.

Selection of Frank Bisignano suggests a focus on operational efficiency and administration over sweeping policy reforms.

Prudential promotes Global Investment Leader Sullivan to CEO; Collins joins Alerus as retirement sales consultant; ERISA Attorney Haralampu joins the Boston Office of The Wagner Law Group; and...

Hassett is known in the retirement industry for a paper he co-authored that expressed support for creating something similar to the federal Thrift Savings Plan for private sector...

Hartford Funds names Mackay as head of distribution; Mercer appoints Penner as U.S., Canada career leader; The Standard hires Tucci as national accounts sales manager; and more.

Phil Witherington, president and CEO of Manulife Asia, has been named Gori’s successor.

American Benefits Council promotes Johnson to president; Nationwide names new annuities distribution head; AARP appoints Minter-Jordan new CEO; and more.

Principal’s incoming CEO discusses the trend of recordkeeper consolidation, helping small and midsize employers offer retirement plans, and her thoughts on the recent election.

Strable, named president in August, will take the top job from Dan Houston, effective January 7.