Deals & People October 9, 2012

Mercer Hammond Appoints Nonprofit Leaders

Mercer Hammond named national segment leaders of nonprofit health care, higher education endowments and foundations segments.
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Key responsibilities for these leaders include heading research teams that identify and incorporate the firm’s best investment ideas into client portfolios within their respective segments.

Rich Marra was named leader of nonprofit health care, and will focus on the systems’ endowments, retirement funds and operating pools. He brings 22 years of experience in corporate finance and 15 years of institutional investment experience. Previously, Marra was an assistant treasurer and director of pension investments at a major U.S. corporation.

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Chris Adkerson, leader of higher education endowments, has 16 years of experience, and received his chartered financial analyst (CFA) and chartered alternative investment analysis designation.

Russ LaMore will serve as consultant to a select group of not-for-profit clients in the foundations and endowment segments. LaMore has 23 years of industry experience and received his CFA designation.

Mercer now serves more than 240 clients globally in these new segments with $43 billion in assets. For more information, visit www.mercer-hammond.mercer.com.

 

Deals & People October 9, 2012

Aon Hewitt Hires International Retirement Leader

Stuart Harris was named partner in Aon Hewitt’s International Retirement & Investment practice, and client lead for the Midwest region.
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In this role, Harris will be responsible for the growth of the firm’s multinational client portfolio in the U.S., specifically focusing on the Midwest region, in addition to becoming global actuary to several Fortune 500 clients. Based in Chicago, Harris will report to Paul Garner, partner and U.S. leader of the International Retirement & Investment practice.

Before joining Aon Hewitt, Harris was at Mercer as a principal and international benefits consultant, responsible for advising U.S.-based multinationals on a wide range of international benefits issues including pensions accounting and valuation, merger and acquisition transactions, expatriate retirement plan design and global benefits plan design.

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“With 25 years of international consulting experience, Stuart had a proven track record of working with multinational corporations to design and implement effective retirement programs,” said Paul Rangecroft, U.S. retirement practice director at Aon Hewitt. “He will be instrumental in growing our client relationships and opportunities in both the Midwest and nationally.”

Harris holds a degree with honors in statistics from the University of Glasgow, Scotland. He is an associate of the U.K.’s Faculty of Actuaries.

 

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