According to the ProManage announcement, Foster will be responsible for driving strategic new business efforts. Foster replaces Luke Collins, who is leaving the company for a position in the mutual funds industry.
Foster, who joined ProManage’s sales force in September 2006, has extensive experience in both retail and institutional retirement account acquisition, the announcement said. Prior to joining ProManage, he worked for MetLife for seventeen years, and was the national marketing director for its defined contribution business in the health care and government sectors his last seven years there.
“Steve’s expertise and leadership are tremendous advantages for us as we go to market with our current platform and new products we have in the pipeline,” said Carl Londe, CEO of ProManage, in the announcement.