William Huffman is replacing Barry Sagraves as head of Northern Trust...

William Huffman is replacing Barry Sagraves as head of Northern Trust Global Investments' London-based international business, spokeswoman Sara Murshed confirmed. Mr. Huffman is chairman, president and CEO of Northern Trust Global Advisors, the manager-of-managers unit of the firm, and he will retain those responsibilities, Ms. Murshed said. Mr. Sagraves will leave in February. "Given the success, I feel that now is the right time for me to take some time out and plan the next phase of my career," he said in a news release. Further information about his plans was not immediately available.

Adam Tosh was named CIO of $16 billion Kentucky Retirement Systems. He replaces John Krimmel, who resigned in May. William Hanes, executive director of the system, did not return calls seeking comment.

Israel Goldowitz was named acting chief counsel of the Pension Benefit Guaranty Corp., replacing Jeffrey B. Cohen, who left Jan. 4. Mr. Cohen joined the law firm Ivins, Phillips & Barker as a partner to lead the firm's employee benefits litigation practice group, according to a news release. Mr. Goldowitz, a PBGC deputy chief counsel, will serve as chief counsel until a permanent successor is named, according to PBGC spokesman Gary Pastorius.

Philipp Levy was named senior vice president at Laurus Capital Management, said spokesman Justin Perras. He will be responsible for global marketing and investor relations. He replaces Dennis Pollack, who was promoted to senior managing director of corporate development and business operations. Previously Mr. Levy was managing director at Paulson & Co., a hedge fund, responsible for investor relations in Europe, confirmed Paulson spokesman Armel Leslie. The company plans to replace him.