Thomas Plumb was named president and CEO of Search401k. He was hired following an eight-month nationwide search, said Anne Dougherty, company spokeswoman. Mr. Plumb was president of U.S. Bancorps institutional trust and custody business and, before that, CEO of First American Asset Management, U.S. Bancorps investment management group.
He replaces Eric Schneeman, the companys founder. Mr. Schneeman will head sales, marketing and client services.