June 26, 2012
--- Putnam Investments filled three senior positions in defined contribution (DC) sales and
client relations. ---
David Scheetz and Edward Deeds will serve as regional DC directors, focused on growing the sales of Putnam’s full-service
401(k) among advisers. They report directly to James Brockelman, national sales
manager of adviser-sold DC at Putnam.
James Axford was named DC consultant relations
manager. Axford will work closely with advisers, consultants and recordkeeping
platforms nationally to support the sales of Putnam’s investment-only
retirement business. He reports to Peter Whitman, head of Putnam’s DC investment-only business.
Before joining Putnam, Scheetz was responsible for BNY Mellon’s DC investment-only business in the mid-Atlantic
and worked extensively with full-service plan sales, including with Prudential
Retirement and Merrill Lynch. Based in
Richmond, Virginia, he will be responsible for Putnam’s mid-Atlantic region of
Maryland, District of Columbia, Virginia, North Carolina and Tennessee.
Deeds previously served as a regional sales manager for ADP
Retirement Services, overseeing a team of regional sales representatives. He is
based in Cincinnati and will be responsible for expanding Putnam’s adviser relationships
in Ohio, Michigan, western Pennsylvania, Kentucky and Indiana.
Before Putnam, Axford was a senior vice president and
director within Pioneer Investments’ investment-only retirement group. He has experience in sales and relationship management
at a number of firms including MassMutual Retirement Services, Russell
Investment Group and MFS Investment Management.