Deals & People June 7, 2011

Buck Consultants Hires Managing Director for Canada

Joseph Ricciuti has joined Buck Consultants, a Xerox company, as managing director for Canada.
Reported by

Ricciuti will be responsible for developing and executing a long-term growth strategy, managing operations, driving recruitment of key leaders, and further enhancing Buck’s profile in the Canadian marketplace. He will also manage relationships with ACS and Xerox in Canada and globally to ensure consistent delivery of quality products and services.

Ricciuti is based in the firm’s Toronto office, and reports to Manoj Sharma, Buck’s global chief operating officer and managing director (International).

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Ricciuti joins Buck from Morneau Shepell, where he served as partner, benefits consulting. He has been in the insurance and consulting field for 30 years, Buck said in its announcement.

Deals & People June 7, 2011

RESOURCES for Retirement Appoints President

Carmela Elco has been named president of RESOURCES for Retirement, a retirement plan advisory and consulting firm in Newtown, Pennsylvania.
Reported by

Elco is responsible for the growth and profitability of the firm, as well as managing its client services, investment advisory services, and marketing efforts. She also counsels finance and human resources professionals and helps them comply with industry rules and regulations.   

Trisha Brambley, former president of RESOURCES, will continue to serve as a consultant.  

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Prior to her promotion, Elco was the firm’s vice president of Client Services. In this position, she worked closely with companies who provide 401(k) and other retirement plans to help meet employees’ savings needs. Elco also served as a retirement benefits manager for a local company, where she was responsible for the retirement benefits of 7,000 active and 5,000 retired employees.

She earned her BA from the University of Pittsburgh and holds an MA in Human Resources Management from St. Francis University.

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