Transamerica Retirement Services Names New President
Nybo was promoted from his position as chief marketing officer. According to the announcement, he joined Transamerica Retirement Services in July 2002 as divisional vice president of sales for the western region, and also served as national sales director.
Nybo replaces Kent Callahan, who was recently promoted to group head of Employer Solutions and Pensions for the AEGON companies (see Transamerica Retirement CEO to Head New Unit of AEGON Companies ). Callahan will continue to serve in his role as CEO of Transamerica Retirement Services.
Transamerica also announced that Louis Bachetti has been hired to run the national sales effort, reporting to Nybo. Bachetti most recently served as executive vice president and head of institutional distribution for ING Wealth Management’s Retirement Business in the United States.
Nybo and Bachetti will officially assume their roles on June 1, 2009.
You Might Also Like:
E*TRADE Launches Planning Center for Equity Compensation Plan Participants
ERISA Stock Drop Challenge Targets Allergan
The firm is being challenged in a New Jersey district court for alleged imprudence in the management of its employee...
Lehman Stock Drop Suit Passed Over By Supreme Court
The high court will not offer another review to the long-running case, letting stand a lower court ruling that effectively...