John Rowe was named director of retirement sales in Merrill Lynch’s retirement group, a new position, said Donna Nardozza, spokeswoman. Mr. Rowe was a senior vice president at American Express Retirement Services, where he oversaw marketing to middle, large and national defined contribution plan clients. Chris Matzke replaced Mr. Rowe, said Todd Wold, spokesman for American Express Retirement Services.
Michael Muirhead was named director of consulting relations and sales support, a new position. Mr. Muirhead was vice president in the consulting relations group of CIGNA Retirement and Investment Services. Paul Golanda, CIGNA spokesman, said the firm is looking for a replacement.
Cynthia Hayes was named director of institutional marketing. She was national director for Merrill Lynch’s equity plan services and defined contribution plan relationships. Ms. Hayes replaces John McCarthy, who was named director of retail retirement marketing, a new position. He will direct product management and development for individual retirement programs and 529 plan businesses. He also oversees outsourced retirement administration services.
