Deals & People August 15, 2012

MassMutual Retirement Names New Sales Director

Christopher Stout was added as a Southeast sales director for MassMutual Retirement Services.
Reported by

Stout is responsible for business development and sales support of MassMutual’s third-party and dedicated distribution channels focusing on retirement plans in the small-plan market. Stout is in Canton, Georgia, and is partnering with MassMutual Managing Director Jeffrey Keller, covering Georgia and Alabama. Stout reports to Shefali Desai, emerging market sales manager for the division.

Before joining MassMutual, Stout served nearly three years as regional vice president of retirement plan sales with Guardian Insurance Company of America. He holds a bachelor’s degree in business administration from Stockton State College.

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“The Southeast territory continues to grow aggressively, and MassMutual is committed to supporting our distribution network with knowledgeable, service-oriented individuals like Chris,” Desai said. “With MassMutual, retirement plans in the small-plan market have the opportunity to leverage services that many other providers don’t offer. Chris’s expertise will be a great asset to retirement plan advisors and third-party administrators.”

 

Deals & People August 15, 2012

Nationwide Names New Retirement Plan Leader

Nationwide Chief Executive Steve Rasmussen announced that the leaders for the company’s retirement plans business and its property and casualty direct channel will switch roles.
Reported by

Larry Hilsheimer will lead Nationwide Retirement Plans, and Anne Arvia will lead Nationwide Direct, Affinity and Growth Solutions. Hilsheimer has been named president and chief operating officer of Nationwide Retirement Plans, and he will retain oversight of Nationwide Bank.   

“My philosophy is that fresh leadership perspective and successful ideas from one area of the company will lead to benefits in another,” Rasmussen said.  

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Hilsheimer joined Nationwide as executive vice president and chief financial officer in 2007, coming from Deloitte & Touche USA LLP, where he served as partner, vice chairman and regional managing partner. He has experience on the boards of several community organizations, including Nationwide Children’s Hospital, Battelle for Kids, the Columbus Downtown Development Corporation and The Ohio State University Alumni Association.   

The changes are effective immediately. Hilsheimer will report to Kirt Walker, president and chief operating officer of Nationwide Financial Services.

 

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