Tom Merchant was appointed chief executive officer of the 19.3 billion...

Tom Merchant was appointed chief executive officer of the £19.3 billion ($36.3 billion) Universities Superannuation Scheme, Liverpool, England, according to a news release. Mr. Merchant, an independent management consultant, became interim CEO on July 1 following the retirement of David Chynoweth, who is staying on as a consultant through March. Norman Broadbent International Executive Search assisted.