Thomas Carrabine joined McMorgan & Co. as regional director of sales at the firm's Chicago office, confirmed Sarah Lazarus, spokeswoman. Mr. Carrabine will work with plan sponsors and investment consultants in the Midwest region, representing both McMorgan and NYLIM Retirement Plan Services, a McMorgan affiliate. He was an institutional investment consultant at Clark Consulting. Anne O'Day, Clark Consulting spokeswoman, did not return calls seeking information about his replacement.
Ian Ferguson was appointed an independent trustee for London freelance trustee company BESTrustees, confirmed Sally Ling, a spokeswoman for GR Communications, which represents BESTrustees. BESTrustees has a total of 15 independent trustees, Ms. Ling said. Mr. Ferguson retired as a partner at Barnett Waddingham Investments in 2004 and has been an adviser for the Pensions Advisory Service, a British non-profit organization, for more than 10 years.