Toni Brown on Tuesday was elected chairwoman of the Defined Contribution Institutional Investment Association, Washington, confirmed Lew Minsky, the association’s director.
Ms. Brown's two-year term is effective immediately.
Ms. Brown is director of U.S. client consulting and head of U.S. defined contribution for Mercer Investment Consulting. She had been the association’s vice chairwoman and secretary. She is succeeding Stacy Schaus, senior vice president and head of the defined contribution practice at Pacific Investment Management Co. LLC.
The association was founded in March 2010.