William E. Mabe, former vice president at Nationwide Health Services, is being considered as administrator of the $14.5 billion Ohio Bureau of Workers Compensation, Columbus, by Ohio Gov. Robert Taft. Mr. Taft has asked the Ohio Ethics Commission to examine whether a conflict of interest exists because the bureau currently uses Nationwide Retirement Services as a money manager, and Mr. Mabe's wife and daughter work at the health insurance firm, said Mark Rickel, spokesman for Mr. Taft. Mr. Mabe retired from Nationwide in November 2003. Mr. Rickel emphasized that other candidates are still being considered, although he declined to identify them. "We're just going through the selection process," Mr. Rickel said, declining to estimate when a decision would be made. One of the new administrator's first duties will be finding a new CIO to succeed James McLean, who was terminated last year.
Walter G. Ricciardi and Peter H. Bresnan were named deputy directors of the SEC's division of enforcement, according to a news release. Mr. Ricciardi was district administrator of the agency's Boston office, and Mr. Bresnan was associate director of enforcement. Messrs. Ricciardi and Bresnan will retain their current positions until their replacements are appointed. Further information wasn't immediately available.
John A. Allison, deputy managing director of W.P. Stewart and chairman of subsidiary W.P. Stewart Asset Management, is leaving to pursue other business interests, said Fred Ryan, deputy managing director, investor relations. Mr. Ryan declined to comment on a replacement. Mr. Allison is planning to "purchase and develop a company that has been in his family for many decades," according to a news release. He could not be reached for further details.
