Retirement Industry People Moves – 4/10/2026

Mercer Reorganizes Senior Investment Leadership

Mercer announced Wednesday several senior appointments, including two new CIOs and two team heads.

The firm named Garvan McCarthy to the newly created role of global alternatives CIO, where he is leading the firm’s global alternatives platform. McCarthy, who is based in Dublin, will continue in his role as Mercer’s CIO for the Europe, Middle East and Africa region and Asia until a successor is announced. He will

also continue as co-CEO of Mercer Alternatives AG.

Additionally, Andrew McDougall is the new U.S. CIO, who will lead the firm’s investment capabilities in the U.S. McDougall, who was previously global head of multi-asset, was succeeded in that role by Mike Sebastian, the former head of investment solutions at investment adviser Syntrinsic.

In addition, Mercer named Kam Chang as head of its investment partnerships group, where he will oversee professionals working with clients that have large and complex investment mandates. Chang joined Mercer as part of the firm’s acquisition of Secor Asset Management last year.

Glenmede Appoints Gregory Khost as New York Regional Director

Gregory Khost

Glenmede Investment Management, a wealth and investment management firm, appointed Gregory Khost as regional director of its New York metropolitan office. Khost reports to Adam Douberly, director of regional markets.

In the role, Khost will oversee Glenmede’s operations across the New York metro area and lead a team of planning, fiduciary and investment professionals. He will also focus on driving growth on the business development and client experience sides of the practice.

Khost joins Glenmede from Voya, where last June he was hired as managing director and head of intermediary sales. Prior to that, he had led business development at Neuberger Berman Private Wealth, where he served on its operating and investment product committees. Earlier in his career, he held leadership positions at Deutsche Bank Private Bank and U.S. Trust.

Nationwide Taps Stacy LaiFook for Annuity Business Development

Stacy LaiFook

Nationwide Mutual Insurance Co. chose Stacy LaiFook to lead the annuity division’s business development team, effective April 27.

LaiFook has more than 30 years of experience in the financial services industry, and most recently served as a senior principal at Oliver Wyman, where she led the firm’s annuity initiative with a focus on business development and talent.

Earlier in her career, LaiFook served as MassMutual Ascend Life Insurance Co.’s senior vice president of product and pricing, where she was responsible for annuity product strategy, execution and performance. LaiFook served as vice president of Great American Life Insurance Co. before it was acquired by MassMutual in 2021, and she contributed to the launch of the firm’s pension risk transfer business.

Bernstein Picks Kim Mustin to Lead Business Owner Segment

Kim Mustin

Bernstein Private Wealth Management, a unit of AllianceBernstein L.P., appointed Kim Mustin to lead the firm’s business owner segment. Mustin reports to Rick Meyers, head of client service and advisory.

In her expanded role, Mustin will spearhead Bernstein’s strategy for supporting private business owners’ wealth planning. She will also continue to oversee Bernstein’s 401(k) and cash balance offerings and serve as co-senior managing director of the New York region.

Mustin joined Bernstein in 2017 to co-lead its New York office and has more than 25 years of experience in the financial services and civil service sectors. Prior to Bernstein, Mustin held senior roles at several firms on Wall Street and spent nearly one decade at the Department of the Treasury.

Matthew Barbera Appointed Head of 401(k) Advisory Services at Uhlmann Price

Matthew Barbera

Uhlmann Price Securities appointed Matthew Barbera as senior vice president of 401(k) and retirement plan services. In his new role, he will collaborate with the Uhlmann Price wealth management team to provide participants in plans the company advises with access to financial and retirement planning tailored to their financial position.

Barbera brings more than 25 years of experience to the role and has worked with plan sponsors on plan design and compliance, investment management and employee education. He tells PLANADVISER he can serve as two types of outsourced fiduciaries for plans: a 3(21) investment adviser and a 3(38) investment manager.