Three MFS Hires go to DCI Unit

December 1, 2009 (PLANSPONSOR.com) – MFS Investment Management (MFS) has added three new members to its Defined Contribution Investments (DCI) group to focus its sales and relationship management efforts in various DCI market segments.

An MFS news release said Craig McKenna joins MFS as director, National Accounts, and is focused on adviser-oriented DC platforms. He previously served as vice president and senior retirement consultant for AllianceBernstein Investment Research and Management, Inc. He reports to Matthew Gannon, senior vice president and head of the DCI practice for MFS.

Meanwhile, according to the announcement, John Jessee joins MFS as director, National Accounts and will concentrate his efforts on the TPA platform market. He previously worked for The Hartford in its retirement plan services group, also focused on the TPA market. He also reports to Gannon.

Finally, Peter Delaney joins MFS as associate director, National Accounts. He will focus on institutional retirement plan platforms, supporting the efforts of MFS Institutional Advisors, Inc.’s (MFSI) Consultant Relations, Sales and Relationship Management teams.

Delaney was most recently a managing director and investment consultant at The Hartford, working with defined contribution plan sponsors, consultants and advisers. He reports to Jon Hubbard, director, National Accounts.

“MFS has created three new positions to more effectively target distribution efforts in the highly competitive DCI marketplace,” said Gannon, in the news release. “They will work in partnership with various MFS business units – institutional, retail and professional buyer segments – to facilitate expanded and stronger relationships with key defined contribution and third party administration (TPA) platforms.”

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