Steven J. Formanek was named COO; Bryan R. Decker, managing director and co-head of research; MaryAnn DiMaggio, managing director; Paul C. Morgan, managing director and senior consultant; and Megan L. Mones, associate director.
The five positions are new, Ms. Mones said in a telephone interview. She noted that in April, Clearbrook merged with Madison Portfolio Consultants, and the company is adding staff to “strengthen (its) offerings to clients.”
At Evaluation Associates, which was acquired by Mercer in June, Mr. Formanek was principal and COO; Mr. Decker, managing director and chief investment strategist; Ms. DiMaggio, director of fixed-income research; Mr. Morgan, senior consultant and director of capital markets; and Ms. Mones, marketing and business development.
A Mercer spokesman said the five won’t be replaced.