Guidant Corp., Indianapolis, changed two options in its $600 million 401(k) plan, said Michael Hajost, assistant treasurer. Thomas White International was hired to manage a large-cap value option, while Shaker Investments will provide a small-cap growth option.
Both managers where hired to run separate accounts. They replace two other options; Mr. Hajost declined to say which options were dropped.
The Guidant plan has 12 options.
DiMeo Schneider & Associates assisted in the search.
