Daniel J. Corcoran was named manager-pension investment and trust administration at Henkel of America Inc., Gulph Mills, Pa., effective in mid-July. Mr. Corcoran will oversee $500 million in pension assets, split about evenly between defined benefit and 401(k) funds. He will report to James E. Ripka, vice president and treasurer. Mr. Corcoran replaces David M. Landis Jr., who became CFO of a private company in New Jersey.
Mr. Corcoran was manager-treasury services at MG Industries, Malvern, Pa., where he oversaw the company's $60 million in pension assets, also split about evenly between defined benefit and 401(k) assets. The company hasn't decided how to replace him. Mark Frank, director-investments, will handle his pension duties in the interim.