Ann Combs was named principal at The Vanguard Group and will head the mutual fund company's newly created institutional strategic consulting group, said John Demming, spokesman. She will join Vanguard on Feb. 5. Ms. Combs was assistant labor secretary and head of the Employee Benefits Security Administration, where she played a major role in formulating the Pension Protection Act. She left in October. Bradford Campbell is acting assistant secretary of labor and head of the EBSA.
"I am just very excited to be joining Vanguard because as a company, they are very committed to retirement security," Ms. Combs said. "It's a very natural progression from what I have been doing and I will build on that."