PSCA elects chair for 3-year term

Annette Grabow, manager of retirement benefits for M.A. Mortenson Co., on Thursday was elected chair of the Plan Sponsor Council of America board of directors.

She was elected for a three-year term by fellow board members at the PSCA annual conference in New Orleans.

Ms. Grabow, who had been PSCA's first vice chair, succeeds Ira Finn, benefits consultant at Career Education Corp.

Ms. Grabow oversees Minneapolis-based Mortenson’s $180 million 401(k) plan and chairs the company's retirement plan committee.

Mr. Finn is in charge of Career Education's $200 million 401(k) plan and the Schaumburg, Ill.-based company’s employee stock purchase plan.