Alison Borland was promoted to defined contribution practice leader at Hewitt Associates. She will lead a new defined contribution consulting practice that will focus on strategy and plan design, cost and risk management, investment consulting, behavioral finance, administration, communication, and legal and compliance consulting, said spokeswoman Maurissa Kanter. Ms. Borland was a principal and senior benefits consultant in Hewitt's retirement and financial management business. No decision has been made on who will replace her.
Sam Y. Chung was named vice president, director of quantitative research and risk management, at Parker Global Strategies, according to spokeswoman Sophie Sophaon. It is a new position. Mr. Chung remains associate dean and professor of finance at Long Island University, Brookville, N.Y.
Kevin Orr was named director of marketing at Loomis Sayles, said spokeswoman Erin Heard. The position is new. Mr. Orr will report to John Gallagher, director of institutional services. Mr. Orr was a managing director with Putnam Investments and director of business development and investment services for Putnam subsidiary PanAgora Asset Management. Sinead Martin, spokeswoman for Putnam, said Mr. Orrs responsibilities were assumed by others on the business development team.
Ian Sheridan was promoted to chief marketing officer at MassMutual Financial Group, and Eric Wietsma was promoted to corporate vice president of investment services, according to a news release. Mr. Sheridan has been vice president of marketing, and Mr. Wietsma was a vice president of MassMutuals investment consulting team. Information about their replacements was not available. A spokeswoman did not return calls requesting further information by press time.
Marc Zeitoun was named head of product development and platform distribution at Security Global Investors, a new position. Mr. Zeitoun will be responsible for creating new institutional strategies and will develop a wirehouse distribution strategy. Mr. Zeitoun was most recently executive director of investment solutions at UBS Financial Services; details on his replacement were not immediately available.
Joyce Schaer joined Evergreen Investments as an institutional senior consultant director, said spokeswoman Laura Fay. Ms. Schaer is based in Dallas, and her position is new. She was director of marketing with Westwood Management; Westwood spokeswoman Dorothy Irons said Ms. Schaers position was reassigned internally; further details were not immediately available.
Also, Evergreen named Brian OConnell as institutional sales director for the Northeast region. Mr. OConnell is based in Boston and replaces Mike Mondo, who left the firm several months ago. Mr. OConnell was managing director at Trusco Capital Management, with responsibility for consultant relations as well as institutional clients. Trusco spokesman Hugh Suhr said the firm is in the process of finding a replacement.
Richard Clark was named vice president and senior director of institutional sales at Northern Trust Global Investments, a new position. He will focus on public funds. Mr. Clark was director of business development at OakBrook Investments; he left last year. Tom Page, director of marketing, assumed his responsibilities there.
Marc O. Sydnor joined Atlanta Life Investment Advisors as director of client services, said spokeswoman Bunnie Jackson-Ransom. It is a new position. The firm is an investment management subsidiary of Atlanta Life Financial Group specializing in domestic and international large-cap equity strategies. Mr. Sydnor was a senior economist and equity portfolio manager at MDL Capital Management. MDL CEO and Chairman Mark Lay said Mr. Sydnors responsibilities were absorbed by other employees.
Martin Johnson was named principal in the financial strategy group at Mercer, confirmed spokeswoman Mags Andersen. Its a new position. Mr. Johnson was a director at Integrated Finance, a financial advisory group, where he focused on strategic risk assessment and quantitative analysis. Integrated Finance officials could not be reached for comment by press time. The firm earlier this year announced it was merging with management consultancy Marakon to form the Trinsum Group.
David Eisenberg was named national segment leader-financial intermediaries at Mercer. He will focus on high-net-worth and retail-wrap programs, broker/dealers and other third-party providers, said spokeswoman Stephanie Poe. Mr. Eisenberg was a vice president at Fidelity Investments. Information on a replacement was not available.
Also, Guy Cooper was named a senior investment consultant with Mercer, based in Chicago. Mr. Cooper will focus on Midwest and Texas clients. He was a principal and partner at Ennis Knupp, where his duties have been distributed among other principals and partners. Ennis Knupp is always in search of new principals, said Harmony Watling, Ennis Knupp spokeswoman.