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February 03, 1997 12:00 AM

ZELLNER TAPPED AS DIRECTOR FOR METHODIST FUND

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    David Zellner was named director of investments of the $8.76 billion General Board of Pensions of the United Methodist Church. The position had been open for the past year, said Gayle Whitson-Schmidt, executive director of the fund.

    Mr. Zellner was senior vice president and director of operations at Investment Research Co.

    Robert W. Carter was named treasurer of the $220 million Georgia Peace Officers Annuity and Benefit Fund, Griffin.

    He replaces Flynt Langford, who retired after 30 years with the fund. Mr. Carter was hired by the fund six months ago as assistant treasurer for the transition; prior to that, he was in charge of the Sheriff's Retirement Fund of Georgia for 24 years.

    Laureen Vaughn was named executive director of the Massachusetts State Retirement Board.

    She replaced Frank McCauley, who has retired. Ms. Vaughn remains director-deferred compensation for the state of Massachusetts.

    Julia Ingle, human resources administrator at Haynes International Inc., Kokomo, Ind., became manager of benefits and compensation.

    She took on the responsibilities of benefits specialist Barbara Engle, who retired.

    George Westley was elected to the board of trustees for the Teamsters, Central States, Southeast and Southwest Areas Pension Fund.

    Mr. Westley, president of Teamsters Local 270, New Orleans, replaces R. Jerry Cook, who resigned in October. Mr. Cook resigned following an investigation of his dealings at the Southern Conference of Teamsters Pension Fund, where he previously was a trustee.

    Joan McCallen was named to the newly created position of executive vice president of ICMA Retirement Corp., Washington. She will be responsible for overseeing ICMA's operation and business objectives.

    Ms. McCallen was formerly the president of Financial Administrative Services Corp., a subsidiary of Great-West Life, a Canadian insurance company. She managed the company's 457, 403(b) and 401(k) and other life insurance products.

    Doug Wooden, senior vice president of financial services at Great West, will assume Ms. McCallen's duties until a replacement is found.

    Louis Inghilterra joined Fiduciary Trust Co. International, New York, as a senior vice president and treasurer. He had been a senior vice president of the Bessemer Group Inc., New York, where he worked for 15 years. At Bessemer, he was instrumental in diversifying business internationally.

    His duties were assumed internally.

    Kurt R. Stalzer was named portfolio manager of the $935 million Kemper Small Capitalization Equity Fund. Mr. Stalzer replaces Gary Langbaum who was interim manager and who will continue management of the Kemper Total Return Fund.

    Mr. Stalzer most recently was a small-cap equity manager at Munder Capital Management, Birmingham, Mich. Munder officials did not return phone calls regarding Mr. Stalzer's replacement.

    Louise Croset was appointed co-manager of the $267 million Schroder Asian Growth Fund, offered by Schroder Capital Management International, New York.

    Ms. Croset succeeds Laura Luckyn-Malone, who left her position as president and director of the fund.

    Ms. Croset, a director, joined the firm in 1993 and has been responsible for Asia-Pacific investments.

    Acting Secretary of Labor Cynthia Metzler named Joyce A. Mader as chair of the ERISA Advisory Council; Carl S. Feen was named vice chair.

    Ms. Mader represents employee organizations on the council and is a partner at O'Donoghue & O'Donoghue. Mr. Feen, an employer representative, is an estate and business planner and employee benefit specialist for CIGNA Financial Advisors.

    Ms. Mader succeeds Judy Mares, president of Mares Financial; Mr. Feen succeeds David Hirschland, assistant director of the social security department at the United Auto Workers union.

    Former Labor Secretary Robert Reich, before he left the post, had named five members to the council: J. Kenneth Blackwell, Ohio state treasurer, representing investment management profession; Michael R. Fanning, chief executive officer of the Central Pension Fund of the International Union of Operating Engineers, representing employee organizations; Barbara Ann Uberti, manager of employee benefits trust division at Wilmington Trust, representing corporate trust; Neil M. Grossman, vice president and national director of legislative and legal research for WF Coroon, representing employers; and Thomas J. Mackell, executive vice president of Simms Capital Management, representing the general public.

    The Association of Private Pension and Welfare Plans, Washington, hired Neil M. Grossman as vice president of legal and regulatory affairs and Vicki Hart as manager of legislative affairs. Both positions are new.

    Mr. Grossman previously was vice president and national director of legislation and legal research at WF Coroon in St. Louis; his position was eliminated when Coroon was acquired by Buck Consulting.

    Ms. Hart was special assistant on health policy to Sen. Trent Lott, R-Miss., and former Sen. Bob Dole, R-Kan.

    Richard Zecher was named senior partner of Ferrell Capital Management, Greenwich, Conn., a risk management consulting and investment management firm. Mr. Zecher will oversee investment management activities and developing hedge funds for institutional investors.

    Mr. Zecher most recently worked as a consultant on Ferrell's efforts to launch the hedge funds.

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