Putnam Names Head of DC Product and Marketing

October 31, 2011 (PLANSPONSOR.com) – Putnam Investments announced the hiring of Stephen Jenks as Head of Product and Marketing for its Defined Contribution business.  

In his new role, Jenks will focus on the positioning and expanded delivery of Putnam’s full-service and investment-only retirement offerings to the marketplace. Based in Boston, Jenks will report directly to Edmund F. Murphy, III, Director, Defined Contribution Services, Putnam Investments. He joins the firm from Acceleration Retirement LLC, where he served as Chief Executive Officer and was a co-founder.

According to the announcement, earlier, Jenks held several senior positions during a 16-year career at Fidelity Investments, including serving as senior vice president of marketing with responsibility for supporting a variety of business-to-business sales channels in the firm’s Institutional Retirement Services Company. Jenks also served as chief marketing officer of the Emerging Corporate Market division, which sold and serviced retirement and payroll products, including 401(k) plans, to small- and mid-sized companies. Jenks holds a Bachelors of Science degree in Business Analysis from the Kelley School of Business at Indiana University.

Putnam has also named Meredith Wolff a Defined Contribution national accounts manager, with responsibility for several important broker dealer relationships. In this new role, Wolff joins Christopher Doucet, a senior Defined Contribution national accounts manager, to further strengthen the firm’s national sales relationships. Both Doucet and Wolff report to James Brockelman, Defined Contribution national sales manager.

Previously Wolff served as Putnam’s regional 401(k) director for New England. The firm is expected to name a replacement shortly for the regional position. In addition to her Putnam experience, Wolff held industry roles with Principal Financial and Fidelity Investments.