MONEY MANAGEMENT

Great-West Investments adds 2 vice presidents

Robert G. Capone was named senior vice president of sales and Jeremy Hersch was named vice president of participatory advisory services at Great-West Investments, a unit of Great-West Financial.

Both started on Tuesday, according to a Great-West news release.

Messrs. Capone and Hersch will take on expanded duties from those of their predecessors, said spokesman Steven Gawlik in an email.

Mr. Capone succeeds Lee Stevens, who joined T. Rowe Price in March as head of mega and large market retirement sales.

Mr. Hersch succeeds Bridget Witzeman, for whom additional information wasn't available. Mr. Capone had been managing director, head of defined contribution and subadvisory, at AQR Capital Management, the news release said. Jane Dean, an AQR spokeswoman, said in an email that Dan Zelazny had succeeded Mr. Capone.

Mr. Hersch had been head of advice, portfolio and planning services for Transamerica Retirement Advisors, the news release said. Julie Quinlan, a Transamerica spokeswoman, declined to comment.