Defined Contribution

T. Rowe Price adds senior DC strategist

Linda Delivorias has been hired as a senior defined contribution strategist at T. Rowe Price Retirement Plan Services, the full-service DC record-keeping unit of T. Rowe Price Group.

The position is new, Monique Bosco, a T. Rowe Price spokeswoman wrote in an email Thursday. Ms. Delivorias joined the company Aug. 28 and is based in Baltimore.

She "will consult with key institutional relationships on a variety of plan governance, plan design and fiduciary policy matters," said a T. Rowe news release issued Thursday. "She will also serve as a subject matter expert and DC industry thought leader for the firm."

Ms. Delivorias had been a partner at Mercer. She was in charge of a team "responsible for evaluating plan sponsor retirement program design and governance structures (and) conducting service provider evaluations and searches," the news release said.

Alayna Francis, a spokeswoman for Mercer, didn't provide comment by press time.