Michael Houser has been named head of institutional sales at TIAA-CREF , according to an internal memo Wednesday that was provided to Pensions & Investments.
Based in Boston, Mr. Houser will report to Ben Lewis, head of institutional strategic sales and consultant relations.
"We will bring all sales directors supporting higher ed, healthcare, government, K-12, and enterprise sales together within our institutional sales team under Mike's leadership, effective immediately," Mr. Lewis said in the memo.
This is an expanded position, and Mr. Houser does not have an exact predecessor, a spokeswoman said in an email.
Mr. Houser will work closely with Tim Pitney, head of lifetime income default solutions, to bring TIAA's lifetime income solutions to more plan sponsors and more individuals, the spokeswoman added.
Most recently, Mr. Houser served as a senior director-consultant relations at TIAA. "His replacement has not yet been named, but TIAA is backfilling his role," the spokeswoman said.
TIAA has $1.3 trillion in assets under management.
