Susan Crotty will join Marco Consulting Group as a senior consultant and senior vice president, effective Sept. 7.
The position is new at the leading Taft-Hartley investment consultant. She will also join the firm's management committee.
The experience Ms. Crotty, a 35-year industry veteran, brings to the job in areas such as alternatives will help Marco expand crucial businesses, including fiduciary outsourcing, Jack Marco, chairman and co-founder, said in a telephone interview.
Ms. Crotty was a managing director and head of investment management services at Tremont Group Holdings, a hedge fund and fund-of-funds manager. Mr. Marco noted that she joined Tremont shortly before it was revealed that a subsidiary of the firm had substantial exposure to Bernard L. Madoff Securities.
Tremont spokesman Montieth Illingworth said Ms. Crotty will not be replaced.