Fred J. Thiele was named director of global benefits at Microsoft Corp., Redmond, Wash., a Microsoft spokesman confirmed.
The position is new.
Microsoft's global benefits group manages Microsoft's $5.5 billion 401(k) plan.
Mr. Thiele was global retirement director at Intel Corp., Santa Clara, Calif., where he oversaw Intel’s $303 million U.S. pension plan, $457 million non-U.S. pension plan and a $3 billion 401(k). All figures are as of Dec. 31, according to SEC filings. Information on his replacement at Intel could not be learned by press time.
